Bitcoin

Key insight

76,979 prints below key $78K round number — next clean support is the 200-day MA at ~74,500. Reclaim of $79,500 needed to neutralise near-term bearish momentum.

Breaks below $78,000 round support with -2.68% daily loss; ETH down -3.6% confirms broad crypto selling. 200-day MA near $74,500 now in play as next structural floor.

Main risk

Spot ETF Net Outflow Acceleration

Sustained ETF outflows drain spot bid; a multi-day streak below $77K risks triggering systematic stop-loss cascades toward $70K.