#MarketPullback

**Currently forming a Bitcoin accumulation phase**

According to analyst *CryptoQuant*, Bitcoin is entering an accumulation phase similar to previous periods before rapid growth. Short-term holders have become active — this has historically been accompanied by significant price fluctuations.

**BlackRock buys BTC:**

On May 1, *BlackRock Spot Bitcoin ETF* purchased 3730 BTC for \$351.4 million. The total inflow into the ETF amounted to \$422 million.

**Amazon loses ground:**

*Amazon* shares fell by more than 5% after the Q1 2025 earnings report, which did not meet analysts' expectations.

**Apple under pressure:**

*Apple* reported that tariffs will cost it \$900 million this quarter. Additional pressure is created by inflation and declining sales.