Overview

• Bitcoin price fluctuates around $57,000, facing downward pressure from record U.S. spot ETF outflows.
• Federal Reserve's decision to maintain interest rates influences market liquidity, impacting Bitcoin's stability.
• Investors exhibit caution, leading to a stall in Bitcoin ETF demand amid macroeconomic uncertainties.
• Technical patterns suggest potential further declines, with key support levels being tested.
• Market analysts remain divided on Bitcoin's short-term trajectory, with some predicting possible rebounds.