10x Research's Markus Thielen is sounding the alarm—he thinks we might be sliding into bear territory. His take? Institutional money flowing into crypto ETFs isn't exactly the hot priority it used to be. "The rationale for this trade is not really there right now," he notes. With Bitcoin, Ethereum, Ripple, and Solana all caught in the crosshairs, the shift in sentiment is hard to ignore.

BTC-3.35%
ETH-4.87%
SOL-4.59%
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GasFeeVictimvip
· 12-04 18:27
NGL institutions are always like this; as soon as the hype dies down, they bail super fast.
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AirdropCollectorvip
· 12-03 07:51
Hmm... institutional funds have lost enthusiasm, this is indeed a bit worrying.
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SchroedingerAirdropvip
· 12-03 07:44
Wait, aren't institutional funds scrambling for it anymore? That's the real key...
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CountdownToBrokevip
· 12-03 07:40
The institutions have pulled out, is it over just like that? I just laugh as I watch BTC drop.
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FloorSweepervip
· 12-03 07:40
lmao thielen's finally catching up to what we've been seeing in the data for weeks now. institutional apathy = our accumulation window, not a death knell. paper hands reading this gonna panic while the real players load up quietly.
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