đ Bitcoin Under Pressure: Healthy Correction or Something More?
Bitcoin (BTC) has dropped below the psychological $88,000 level, shifting market sentiment from optimism to caution.
The key question:
đ Is this a normal correction or the start of a deeper pullback?
â ïž Disclaimer: This content is for educational purposes only and is not financial advice. Always do your own research.
đ§ Liquidations & Sentiment
Excessive leverage was flushed as hundreds of millions of dollars in long positions were liquidated.
đ The Crypto Fear & Greed Index has fallen into Extreme Fear (~25).
đ Historically, extreme fear often appears near local bottoms, not market tops.
đ Key Technical Levels
âȘïžđą Support: ~$86,500
âȘïžđŽ Downside risk: ~$80,000
âȘïžâ Resistance: below ~$95,000 (trapped buyers)
âĄïž 15-20% corrections are normal during Bitcoin bull cycles.
đïž Institutions & On-Chain Signals
âȘïžNo signs of institutional panic or mass selling
âȘïžLong-term holders are not distributing aggressively
âȘïžExchange balances are not spiking, suggesting no capitulation
âĄïž This looks more like a leverage reset than a market breakdown.
đ Macro Reality
âȘïžBitcoin still trades as a risk-on asset
âȘïžCorrelation with the Nasdaq remains high
âȘïžMacro uncertainty and tight liquidity continue to pressure risk markets
â ïž If equities fall further, BTC may follow.
đĄ Final Takeaway
The market is stressed, but not broken.
âïž No structural collapse
âïž No mass capitulation
âïž Excess leverage has been cleared
đ Not a moment for panic.
đ Not a moment for reckless all-ins.
đ§ This is a moment for discipline, risk management, and patience.
Because in the end â this is how Bitcoin works.
