There is a lot of talk about the ETFs of $BTC and their movements. From IBIT of Black Rock, however, an interesting fact. The composition of it is approximately 68% retail, 32% large institutions like Hedge Funds and others.

What does this tell us? That its behavior is mainly driven by the psychology of the retailer.

Still... In the short term, a retest of the support 70000-72000 is likely before bouncing back up.