$ETH BTC Price Drop: The price of Bitcoin has fallen approximately $300 in the last two hours after breaking a rising wedge pattern, a typically bearish signal.

Key Support Broken: BTC fell below the key support level of $9,113 and briefly touched around $8,944.

(Source: CryptoPotato)

Increase in ETF Investments: Despite the price drop, there has been an investment of $380 million in Bitcoin ETFs in recent days, indicating sustained bullish sentiment in institutional sectors.

(Source: BloomingBit.io)

Technical Analysis:

The RSI (Relative Strength Index) entered the oversold zone, leading to a brief rebound in price.

However, the MACD (Moving Average Convergence Divergence) remains bearish, suggesting that there may be more declines to come.

(Source: CryptoPotato)

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