Bitcoin price just slipped to $93,029 — its steepest 7-day fall since April 2025. The big culprit?👉 $1.1B in BTC ETF outflows over the past week👉 Rising liquidations as $617M in positions got wiped out👉 Weak technical momentum with BTC losing its 50-week SMA
Only ARKB managed to attract fresh inflows, while IBIT and GBTC saw massive withdrawals. Derivatives markets are cooling off too, with open interest down 30% since October — a clear sign traders are de-risking.
🔎 Key Level to Watch:BTC must reclaim $102,800.If not, the next support sits near $93,000 — and a breakdown could trigger deeper institutional selling.
Is this a healthy reset or the start of a bigger correction?
Source: Namecoinnews
