Institutional Caution: Large investors exhibit a deliberate approach to spot Bitcoin ETF trading, impacting market dynamics.

Bitcoin Trust Performances: Major Bitcoin trusts, including BlackRock's iShares and Grayscale, experience fluctuations with notable losses.

Bitcoin Futures Market Movement: Swift price declines coincide with a sharp movement in the Bitcoin futures market, triggering long liquidations.

Market Dynamics and Profit Booking: Increased exchange inflows and record profits from BTC wallet addresses indicate a complex interplay of market forces.

Resistance Levels and Historical Context: Bitcoin faces challenges around the $50,000 level, with historical context shedding light on price corrections and support levels.