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The Btc1h timeframe shows a bullish wedge, with a pin touching the lower boundary support, then starting to close the pin and rebound. This is a sign of a trend reversal, so in the short term, a rebound is expected. $BTC
Contract Liquidations: Sudden drop in the early morning caused approximately $134 million in liquidations across the entire network over 4 hours, with longs accounting for 90%.
BTC ETF Net Outflows: On May 26, the US spot Bitcoin ETF experienced a total net outflow of about $43.16 million.
Sector Divergence: Overall weak, but the AI sector rose against the trend by about 3.4% (WLD +12%, FET +9%), with DePIN and some Meme tokens also seeing small rebounds.