đš Market Alert: Bitcoin ETF Stress Test at $86K!
Bitcoin ($BTC ) is currently facing a major institutional stress test as price hovers around $86,000, with BlackRockâs $IBIT trading near $48.
âHere is what you need to know right now:
âđ The Stress Test: Roughly 60% of spot ETF inflows are now underwater. The critical cost-basis zone for these institutions is between $80K and $82K. If this level breaks, we could see pressure toward the "fortress" support zone at $65Kâ$70K.
âđ° Institutions Are Still Buying:
Despite the red candles, smart money isn't leaving. Last week alone saw $530 Million in net inflows across crypto ETFs, with Bitcoin $BTC funds leading the pack ($287M+).
âđŠ The Big Picture:
While unrealized losses are hitting ~$100Bđ± across the market, the structural adoption case remains intact. We are seeing tactical rebalancing, not a structural exit.
âKey Levels to Watch:
đž Support: $80,000 - $82,000 (ETF Cost Basis)
đž Deep Support: $65,000 - $70,000
đž Resistance: $100,000 (Options Target)
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âAre you buying the dip or waiting for lower levels? đ
