Bitcoin dropped below $113K, triggering bearish sentiment after failing to hold key support.
Over $700M in leveraged long positions were liquidated within 24 hours, indicating panic selling.
Institutional outflows surged: $812M withdrawn from BTC ETFs and $153M from ETH ETFs.
U.S. macro uncertainty (new tariffs, stock volatility) continues to pressure the crypto market.
📊 Technical & Sentiment
CME gap filled; short-term bearish, but long-term trend still intact.
August–September typically brings seasonal weakness (~7.5% average dip).