Bitcoin Falls Below $82,000

Bitcoin just plunged nearly 10 percent to around $82,000, triggering more than $2 billion in liquidations across crypto. Spot Bitcoin ETFs saw $903.1M in outflows, with another $261.6M leaving Ethereum products.

Glassnode reports realized losses at levels last seen during the FTX collapse, driven by short-term holders capitulating. Analyst Ali Martinez says Bitcoin’s weekly SuperTrend has flipped bearish, a signal that has historically preceded every major correction for more than a decade.

Ethereum has dropped to $2,650, with resistance at $3,200 and support at $2,580. Solana is sitting on major support. Meme-coins fell nearly 11 percent, even with the new Doge ETF launch.