Bitcoin's price fell 3% to around $71,465.77 as market sentiment shifted following Michael Saylor's first-ever sale of Bitcoin. This decline has raised concerns among traders, with analyst Lennaert Snyder indicating that Bitcoin's failure to reclaim previous monthly and weekly lows suggests a bearish trend. In contrast, Ethereum, XRP, and Dogecoin have shown resilience, with Ethereum priced at $1,984.21 and XRP at $1.29. Notably, the market experienced significant liquidations, with 154,860 traders losing approximately $632 million in the past 24 hours. Additionally, there were net outflows of $125.3 million from Bitcoin ETFs and $17.9 million from Ethereum ETFs, indicating a cautious investor sentiment. Analysts are closely monitoring Bitcoin's support level at $70,800, as holding this could lead to a potential rebound towards the $73,000–$74,000 range. However, if this level is breached, further declines towards $65,200 could occur. The market dynamics suggest a possible 'altseason' as alternative cryptocurrencies outperform Bitcoin.