🚨 Bitcoin Hits a 9-Month Low After $2.6B Liquidation — Here’s My Take
Bitcoin just broke below the critical $80,000 psychological level, printing a nine-month low and losing its $80,500 True Market Mean support.
This breakdown triggered a massive deleveraging cascade, wiping out $2.58 billion in leveraged positions within 24 hours.
According to CryptoQuant CEO Ki Young Ju, this move isn’t just technical — it reflects real buyer exhaustion. BTC buyer liquidity has dried up, and the Realized Cap has gone flat, signaling weak fresh capital entering the market.
📉 In simple terms:
Momentum is gone. Liquidity is thin. Volatility is back.
Right now, the market feels extremely PvP — patience and risk management matter more than ever. Until we see strong spot
BTC
70,638.42
+1.21%
ETH
2,075.11
-0.36%