Analysis: Bitcoin treasury companies have experienced consecutive sell-offs for the first time over three weeks, which may lead to increased short-term pressure on BTC

According to market news, Bitcoin treasury companies have experienced three consecutive weeks of selling for the first time in history, which means that Bitcoin prices may face increased short-term pressure. If new demand does not emerge in the market, it may approach a "new bear market low."

Analysts point out that macro uncertainty and ETF outflows further suppress demand. Last week, Trump announced an increase in global tariffs from 10% to 15%, exacerbating the decline in market risk appetite. However, in the long term, this pullback helps to clear leveraged positions and speculative holders, resetting the market structure.