#BTC & ETH update – no panic, just volatility
BTC pulled back to around $86K today.
~$200M in leverage got wiped out, so this move looks more like a leverage reset than real weakness. Volume is still high, which tells me liquidity hasn’t left the market.
ETH dropped harder (~5.8%), but ETF flows are still coming in. BlackRock’s ETHA saw $139M inflow — that’s not something you see in a “dead” market.
I’m not chasing buys here, but I’m also not panicking. Watching how price reacts after this volatility shakeout feels more important than predicting the exact bottom.
Question:
Is this just a healthy pullback, or do you think we’re heading into a deeper correction?
BTC
87,232.75
+1.56%