Bitcoin has dropped below $77,000, currently trading at $76,788.45, following significant outflows from cryptocurrency exchange-traded funds (ETFs). On Friday, Bitcoin ETFs experienced $290.4 million in net outflows, while Ethereum ETFs saw $65.7 million exit. This downturn has also affected other cryptocurrencies, with Ethereum priced at $2,113.86, Solana at $84.30, and XRP at $1.37, all experiencing about a 3% decline in value. The total market capitalization for meme coins has decreased by 3.2%, now standing at $35.5 billion. Traders are closely monitoring Bitcoin's performance as it approaches a critical support level near $70,000. Analyst Alex Wacy warns that maintaining this level could lead to a rebound toward the $85,000-$90,000 range, while a drop below could trigger a deeper correction, potentially down to $50,000-$60,000. Meanwhile, Ethereum is showing signs of breaking out from a bullish flag pattern, indicating a possible accumulation phase at the $1,100 mark. XRP continues to hold its breakout structure, suggesting it may be poised for a significant upward movement based on historical patterns.