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#️⃣ Crypto Market Pullback#
📉 Bitcoin slips to $110K after a 24K BTC whale sell-off, sparking $700M+ liquidations.
📊 Ethereum also retraced from highs near $4,670 to around $4,480, despite strong ETF inflows.
⚠️ Key Drivers Behind the Pullback:
Whale activity triggered a flash crash.
Fading hopes for Fed’s September rate cut.
Technical weakness showing bearish pressure.
Institutional rotation from BTC → ETH continues.
🔎 Outlook:
Analysts see this as a healthy retracement, not the end of the bull run. Support near $110K BTC remains crucial, while ETH may face seasonal September softness.
🚀 Market eyes next catalysts: U.S. inflation + jobs data → could set the tone for the next rally