The Federal Reserve keeps interest rates unchanged, and the expected rate cut has fallen flat, leading to increased market liquidity tightening expectations.

Geopolitical tensions have boosted traditional safe-haven demand, with funds flowing from the crypto market to gold, weakening the BTC safe-haven narrative.
Breaking below the key support levels of $88,000/$85,000 triggered algorithmic stop-losses and leveraged liquidations, with market absorption insufficient.
$80,000 remains a core support level. The current oversold RSI may trigger a slight rebound, but the rebound strength is expected to be limited; if the $80,000 support is lost, a new round of liquidations will be triggered. Future focus will be on gold trends, Federal Reserve policy signals, and Bitcoin ETF capital flows.
$BTC