ELIZA TOWN increased by 532.44% after launching Alpha, current price 0.0027737 USDT

Analysis: BTC breaks below the key on-chain valuation level and liquidity is tight. Support may be around $54,900.

Bitcoin falls below the "real market average," with structural support at $54,900. US spot Bitcoin ETF net outflows have eased panic sentiment but remain cautious, traders have解除下行保护仓位, and widespread long positions have not yet been established.

Cathie Wood: Why Bitcoin is the Superior "Digital Gold"

In "Big Ideas 2026," Cathie Wood believes that Bitcoin is a long-term hedge and store of value asset. Its scarcity and low correlation with gold give it potential in wealth transfer. The issuance of Bitcoin is strictly limited, distinguishing it from gold, which can be increased in supply.

UniCredit: BTC recovery requires market sentiment and ETF inflows to support; falling below $50,000 may face structural changes

Strategists at Intesa Sanpaolo Bank Italy stated that Bitcoin's recent decline reflects weak market sentiment and macro pressures, with a fair value estimated at $75,000. A drop below $50,000 could lead to a deeper shift. Bitcoin's recovery depends on improved sentiment and better liquidity.

Today, the Fear & Greed Index rose to 8, and the market is in a "Extreme Fear" state.

Foresight News reports that, according to Alternative.me data, the cryptocurrency Fear and Greed Index rose to 8 today (yesterday the index was 7 "Extreme Fear"), indicating that the market is in a "Extreme Fear" state.

10x Research: Altcoin Market Is Fragile and Bitcoin Is Oversold, but Positioning Structure Is Quietly Changing

The current crypto market is changing, with Bitcoin oversold and altcoins generally fragile. Optimism (OP) is under pressure, recently dropping by 24.4%. The partnership between the Base blockchain and OP Stack has ended, and Optimism has launched a token buyback program. Ether.fi has migrated its operations to the OP mainnet, providing fundamental support for OP.

"Has the 'true bottom' not arrived yet? Experts warn: Bitcoin may face a 'surrender sell-off' in the final dip"

Last week, Bitcoin experienced significant volatility, with daily drops of over 10%, nearly falling below $60,000. Although it later rebounded to $70,000, analysts believe that a true "capitulation sell-off" has not yet occurred, as the futures basis spread remains unchanged and does not indicate extreme market pessimism, suggesting that Bitcoin may still have further downside potential.