Key takeaways
- BTC collapsed to $83,500, losing the $90,000 structural level as Fear & Greed Index hits 11. Market cap dipped below $3 trillion to $2.86 trillion.
- ETF outflows surge: Bitcoin $903 million, Ethereum $262 million; Solana remains resilient with $24 million inflow.
- STH capitulation intensifies with realized losses matching major past cycle lows.
- Bitcoin breaks below Active Investors Mean; True Market Mean at $81.9k is now in focus.
