Crypto markets are under heavy pressure — $BTC dropped to the mid-$80,000s, while $ETH is holding around $2,800–2,900.
The sell-off is being driven by macro uncertainty, thinning liquidity, and significant ETF outflows.
Over $3.7 billion in long positions were liquidated in the past week, fueling the downturn.
Technicals: Key support zones to watch are $78K–$84K for BTC, and $2.6K–$2.8K for ETH.
But there’s a silver lining: new institutional infrastructure — the Singapore Exchange launched regulated perpetual futures for BTC and ETH, opening a major gateway for institutional flows.
Analyst takeaway: unless there’s a catalyst (like ETF inflows or macro relief), the market may either