Bitcoin currently sits around the $109,000 mark. Recent market events have seen significant Bitcoin liquidation, totaling over $276 million. This bearish market momentum is causing price volatility, with Bitcoin struggling to hold a sustained bullish run. Following its all-time high just 12 days ago, the asset has encountered several rebounds, but ultimately faced rejection at the $110K level and continues to decline. 24-hour Bitcoin liquidations reached a staggering $276 million according to Coinglass, indicating market uncertainty. 5.35% of trading volume is down on the day, with Bitcoin currently trading at $109,819. The Fear & Greed Index stands at 48, reflecting overall market sentiment. Recent data shows a spike in Bitcoin inflow into exchanges, potentially signaling selling pressure as holders seek to sell their holdings. If this trend continues, further losses are likely unless demand re-enters the market.