Bitcoin has dropped below $70,000 despite positive ETF inflows as liquidations stand at $221.72 million over the past 24 hours.  

Bitcoin ETFs saw $250.9 million in net inflows on Tuesday, while Ethereum ETFs reported $12.6 million in net inflows.  

The meme coin sector is up 0.4% over the past 24 hours to $31.2 billion.

Trader Commentary:             

Degen Hardy explained that Bitcoin previously consolidated for about 69 days in a bear flag before breaking down. The market now appears to be forming a second bear flag, but the current consolidation has lasted only 33 days so far.

According to Hardy, the pattern suggests the market may still need more time to develop, and…

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