Analysis: Bitcoin treasury companies have sold off for three consecutive weeks for the first time, which may lead to increased short-term pressure on BTC.

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Deep Tide TechFlow News, February 23 — According to Capriole Investments’ Bitcoin Treasuries Buy/Sell Indicator, Bitcoin Treasuries have experienced three consecutive weeks of selling for the first time in history. This suggests that Bitcoin prices may face increased short-term pressure, and if market demand does not pick up, prices could approach new bear market lows. Analysts point out that macroeconomic uncertainty and ETF capital outflows are further suppressing demand. Last week, Trump announced an increase in global tariffs from 10% to 15%, which has intensified market risk aversion. However, in the long term, this correction may help clear leveraged positions and speculative holders, resetting market structure.

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