Beimnet Abebe (Galaxy Trading) joins Alex Thorn (Galaxy Research) to analyze Bitcoin’s struggle to hold the 100K level and the broader signs of fatigue across risk assets. Despite strong equity markets and easing macro conditions, crypto continues to trade idiosyncratically, lacking clear catalysts and showing technical vulnerability around key support zones.

They discuss how declining attention, limited new buyers, and self-reinforcing market dynamics are weighing on sentiment — and why Bitcoin’s long-term accumulation thesis still holds even as short-term risks tilt lower.