Bitcoin Holds Ground as Traders Prepare for Potential Dip

Bitcoin has maintained its price around $78,000 as some traders take profits following last week's massive rally. However, others anticipate a pullback before the next leg higher.

CoinGlass data shows that 90,144 traders were liquidated in the past 24 hours for a total of $302.30 million. This indicates a significant amount of selling pressure in the market.

Notably, SoSoValue data reveals net inflows of $314.4 million from spot Bitcoin ETFs on Tuesday, while spot Ethereum ETFs saw net inflows of $179.8 million.