@toorop.base.eth

Bitcoin Corrects to Around $103,000; Is the Bull Market Lacking Momentum? Current Situation Bitcoin is currently trading at $103,223, down 2.95% over the last 24 hours. Despite a correction from its recent highs, BTC still manages to stay above the crucial $100,000 mark. Bitcoin price corrected back down to around $103,000, with short-term market sentiment weakening. On-chain data shows that FalconX transferred 1,130 BTC (about $116 million) to new wallets, and institutions and listed companies like Matador Technologies continued to increase their holdings, but overall, money flowed out. ETFs saw net outflows for the third consecutive week, with some crypto funds moving to assets like Solana. Community discussions generally suggested that the bull market lacked momentum and the recovery was weak in the short term. Key opinion leaders (KOLs) were mostly cautious, saying that key levels needed to recover to reverse the downtrend.

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