Overview
- Bitcoin fell to an intraday low near $93,029 before stabilizing around $95,000, its weakest level in roughly six months.
- A confirmed Death Cross on the daily chart coincided with extreme fear readings, with the Crypto Fear & Greed Index dipping to 9 before improving to 14.
- Derivatives stress intensified, with roughly $243 million in Bitcoin futures liquidations in 24 hours and about $565 million across crypto markets.
- U.S. spot Bitcoin ETFs recorded persistent outflows, including about $1.11 billion last week and more than $2.3 billion over the past two weeks, signaling softer institutional demand.
- Traders are focused on the $93,000–$95,000 support band, with a loss of this zone potentially opening a move toward the ~$89,600 liquidity gap as analysts remain split on near‑term direction.