The sinking US spot Bitcoin ETFs have struggled even amidst steady cash inflows to major players like BlackRock’s IBIT. This trend continues to shake bullish confidence, indicating a potential major selloff for Bitcoin. The movement of whales in the market raises concerns, particularly about capitulation. Investors need to keep a close watch on market dynamics as these developments unfold. With current patterns, it is crucial for traders to adjust their strategies accordingly to mitigate risks. Understanding market sentiment will be key to navigating this turbulent period. Stay vigilant as we dissect these significant price movements and what they mean for Bitcoin’s future.