Bitcoin slipped to around $75,000 as traders reduced risk, with broader sentiment shifting from neutral to fear.

Notable Statistics:

Coinglass data shows 179,931 traders were liquidated in the past 24 hours for $674.74 million.       

SoSoValue data shows net inflows of $440.7 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ET’Fs saw net inflows of $69.05 million.

Notable Developments:

Trader Notes:

Analyst Titan of Crypto said Bitcoin is currently holding a critical short-term support zone near $75,900. He noted that maintaining this level would help preserve the current market structure, while a breakdown could trigger a retest of the lower boundary of the ascending…

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