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The Wire — B.R.O.

BTC Smashes Through Support as Short-Term Holders Fold

Your daily access to the backroom

,   and  Blockhead
3 min read

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.

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