📉 What’s Happening with $BTC ? Quick Market Recap

#CEXvsDEX101

Bitcoin has recently pulled back to ~$104,800, down ~1.4% in 24h. Here’s what could be behind the move:

🔸 Large liquidations: $600M+ in long positions wiped out.

🔸 Outflows: Spot $BTC ETFs saw net outflows of $385M.

🔸 Global uncertainty: Investors de-risking amid macro tensions.

🔸 Technical rejection near $110K level.

📊 Still, long-term fundamentals remain solid. Some see this as a healthy correction before the next leg up.

🧠 Not financial advice. Just a quick look at market data and trends.