🌅 MONDAY PULSE - May 18, 2026 | FLASH CRASH
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$BTC : $76,200 | -4.0% in 24h
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$ETH : $2,268 | -3.8%
- Market cap: $2.74T | -2.1%
- Fear & Greed: 32 (Fear) | Down 6 points
The floor fell out.
#BTC flash crashed below $77K this morning, liquidating $657 million in crypto positions. This is the critical test.
Three problems converged overnight:
1. Spot
#Bitcoin #ETF outflows: $1.039 billion for May 11-15, snapping six weeks of inflows. Institutions are LEAVING.
2. Technical breakdown: BTC lost the 50-day EMA at $76,716. Next support is $70,740 (April 12 low). That's $5.5K of downside.
3. Macro headwinds: Bond yields still climbing. Oil above $100. Fear moved back into fear zone at 32.
🔴 This is not consolidation. This is capitulation starting.
The question: Does BTC hold $76K support, or does it test April's $70.7K low?
Either way, institutional conviction just evaporated with those ETF outflows. When smart money is SELLING, not buying dips anymore, the narrative changes fast.
Is this a capitulation bottom or the start of a 10-15% flush to $65-70K?
#crypto
#BTC #PoorCryptoMan ——————————
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@PoorCryptoMan