🔥 The cryptocurrency markets experienced a sudden shock after Bitcoin recorded a sharp decline, following a whale selling approximately 24,000 Bitcoin worth nearly $2.7 billion, while transferring part of the liquidity to Ethereum. This coincided with a net outflow of $1.17 billion from Bitcoin exchange-traded funds (ETFs) in the United States.

🔥 Despite these pressures, MicroStrategy reinforced institutional confidence in the sector by acquiring an additional 3,081 Bitcoin valued at $356.9 million, indicating a continued long-term institutional demand for the currency.

🔥 In terms of technical performance, Bitcoin decreased by 2.54% over 24 hours, with the MACD indicator showing a downward trend, and the price falling below the exponential moving averages (EMAs). Conversely, the Relative Strength Index (RSI) showed signs of overselling, while the Bollinger Bands suggest the possibility of a short-term rebound.