Bitcoin briefly broke below $80,000 before returning to approximately $80,417, but has yet to establish a sustainable recovery structure. Sellers rejected prices near $85,000 and pushed BTC below $82,000, indicating that buyers could no longer absorb the available supply. Another break of $80,000 could take Bitcoin toward $77,000-$75,000, while a recovery above $82,000 would indicate that sellers are losing control. Over 24 hours, crypto position liquidations reached $549.55 million, including $466.76 million in longs, $176.16 million on Bitcoin and $161.51 million on Ethereum, while Bitcoin’s volatility index rose from 37.93 to 38.37.
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