Short-term holders are panic selling BTC below $63K, pushing RSI to near record lows. This confluence points to a potential full market capitulation event.
🧠 Institutional Insight
🐋 Whales
Smart money likely accumulating dips, leveraging short-term holder capitulation.
🎯 Impact
BTC price volatility surges, indicating potential near-term bottom. Altcoins face severe downside; risk-off sentiment could briefly ripple through speculative assets.
⏳ Context
This event unfolds amid persistent high interest rate uncertainty and a broader deleveraging in risk assets globally.
⚖️ Market Scenarios
⚡ AI Market Deja Vu
Past Event: Q4 2022 crypto bear market bottom (FTX contagion, LUNA).
Reaction: Crypto assets experienced deep price depreciation; broader risk-on assets faced headwinds.
Reaction: Crypto assets experienced deep price depreciation; broader risk-on assets faced headwinds.
🟢 Bulls Say
Capitulation phases often mark cyclical bottoms, preceding a strong rebound driven by halving and institutional accumulation.
🔴 Bears Say
Macro headwinds persist, further deleveraging possible; regulatory uncertainty and high funding rates could exacerbate declines.
