Bitcoin (BTC) is currently trading at approximately $77,000, following a significant $1 billion outflow last week after a six-week inflow streak. The cryptocurrency briefly surged above $82,000 after the CLARITY Act vote but has faced resistance, getting rejected five times at the 200-day moving average of $82,200. Support is holding at $76,000-$78,000, and a drop below $75,000 could lead to further declines towards the $70,000-$72,000 range. The recent weekend slide triggered $657 million in liquidations, primarily from long positions. Meanwhile, Ethereum (ETH) has dropped 10%, continuing to lag behind Bitcoin. Institutional investors have been selling into strength, with the seven-day average net flow hitting -$88 million per day, the worst since mid-February. This trend indicates that institutions are taking profits rather than increasing their exposure. Hawkish remarks from newly appointed Federal Reserve Chair Kevin Warsh, who confirmed a tighter monetary policy, add to the pressure on risk assets like cryptocurrencies. Analysts suggest that maintaining support at $76,000-$78,000 is crucial for rebuilding market confidence.