币界网报道：Bitcoin price dropped 4% to $107,472 amid growing bearish sentiment in the crypto market. The decline follows recent regulatory concerns and macroeconomic uncertainties affecting investor confidence. Analysts note increased selling pressure as large holders (whales) reduced their positions, while trading volumes remained subdued. Technical indicators suggest potential further downside, with key support levels being tested. Market participants are closely watching institutional flows and upcoming economic data for directional cues. The broader crypto market also saw losses, with Ethereum and major altcoins declining 3-5% in tandem with Bitcoin's slump. Derivatives markets reflected heightened caution, with rising put/call ratios and elevated funding rates in perpetual swaps. Some traders anticipate consolidation near current levels before the next decisive move.