🚨 BITCOIN $75K STRESS TEST PASSED: WHY THE SELL-OFF WAS A LIE 🚨
The drop to $74,680 looked like blood, but the data shows a CLEANSE, not a crash. Liquidations hit $1.8B in longs, but derivatives markets show zero panic.
• Futures basis is positive. Open interest is only down 10%. Traders managed risk, they didn't flee.
• ETF outflows ($3.2B) are less than 3% of AUM. No forced selling from institutions like $MSTR.
• Macro stress failed to escalate. US 2-year yield held steady. This wasn't a systemic flight to safety.
The ingredients for a deep bear market are NOT present. $75K was a healthy reset. Expect consolidation, not capitulation.
#BTC #CryptoReset #NoPanic #Alphasignal 🚀