Overview
- Bitcoin bounced to roughly $78,000–$79,000 after a weekend slide to about $74,500, its lowest level since April 2025, as forced selling eased.
- Derivatives liquidations peaked in the billions during the drop, then fell sharply to roughly $401 million over 24 hours as pressure abated, CoinGlass data show.
- U.S. spot bitcoin ETFs logged about $561.9 million in net inflows in the latest session after a multi-day outflow streak, though roughly $3 billion has left since mid-January and $81,000–$83,000 is now seen as resistance.
- On-chain gauges flagged stress with supply-in-loss near 44%, a weekly close below the 100-week EMA, and persistent negative Coinbase Premium readings pointing to soft U.S. spot demand.
- Sell-side desks map base-case downside toward $60,000–$68,000, with Compass Point saying deeper lows likely need an equity bear market and Bernstein warning of potential probes near $60,000 as macro headwinds weigh.