Bitcoin erased its post-Fed rally and ended the week lower as traders braced for the BOJ’s rate decision, raising concerns about global liquidity and risk-off flows.
Bitlayer’s Charlie Hu says Bitcoin L2s are shifting from hype to solvency as liquidity failures expose structural weaknesses and force networks to prioritize risk controls over speed.
Bitwise’s Jeff Park says Bitcoin’s upside is capped because long-term holders keep selling calls, overwhelming ETF demand and suppressing implied volatility.