⚡ BTC plunges near $61K on ETF outflows + Strategy selling — critical test ahead 📉₿



📊 MARKET SNAPSHOT
$BTC — $61,250 ▼3.5% (24h)
$ETH — $1,572 ▼11.2% (24h)
Market Cap: $2.18T | BTC Dom: 57.9%
Fear & Greed: 12/100 — Extreme Fear
Sentiment: 🔴 Bearish

📉📈 WHY IS MARKET MOVING THIS WAY?
Bitcoin is under heavy pressure from over $4.4B in cumulative U.S. spot BTC ETF outflows since mid-May, combined with Strategy selling BTC holdings for the first time since 2022. This triggered sentiment collapse and long liquidations.
Capital is rotating into AI stocks amid hot tech IPOs and broader risk-off moves fueled by geopolitical tensions and macro data. Ethereum is hit harder on weaker relative strength.
This corrective move is expected to persist into the short term (next 24–48 hours) unless ETF flows reverse sharply.

📰 KEY NEWS DRIVING THIS MOVE
• U.S. bitcoin ETFs end record outflow streak but still down billions overall — CoinDesk: Small inflow ended a 13-day bleed, but overall redemptions continue to weigh on price.
• Strategy sale and ETF outflows pressure BTC amid AI rotation — CNBC: Investors continue shifting capital toward AI-related opportunities, weakening crypto sentiment.

🎯 WHERE IS MARKET HEADING?
$BTC key levels right now:
• Support: $60,000 | Resistance: $63,500
• If holds $60,000: likely moves toward $65,000
• If breaks $60,000: next stop $55,000–$58,000
Short-term outlook (24–48h): Bearish bias dominates in Extreme Fear. Watch $60K closely — a hold could trigger a relief bounce, while a break may lead to deeper downside.

⚠️ WATCH OUT THIS WEEK
• $60K support level
• ETF flow data
• Fresh macro or geopolitical shocks
Do you think $BTC holds $60K this week? 👇
What's on your watchlist? Drop it below 🔥

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