MMs already dumped from $115k โ $110k after Oct 10 losses to rebalance.
Most supply is gone.
Market is scared.
Sellers look exhausted.
Two scenarios left:
๐ข Scenario 1
Reclaim $94.5k โ squeeze to $100k
MMs recover losses โ aggressive pump into EOY / early 2026 ๐
๐ด Scenario 2
Only if a new macro shock hits:
Lose $80k โ final flush to $73kโ$72k
So the question is simple ๐
Which one scenario will win?
