BTC Smashes Through Support as Short-Term Holders Fold

Key takeaways

• BTC collapsed to $83,500, losing the $90,000 structural level as Fear & Greed Index hits 11. Market cap dipped below $3 trillion to $2.86 trillion.
• ETF outflows surge: Bitcoin $903 million, Ethereum $262 million; Solana remains resilient with $24 million inflow.
• STH capitulation intensifies with realized losses matching major past cycle lows.
• Bitcoin breaks below Active Investors Mean; True Market Mean at $81.9k is now in focus.