The 2026 Shakeout: $2.5B BTC Flush vs. Morgan Stanley’s Web3 Entry 🏦📉

We are witnessing a historic moment in market structure. $BTC is currently trading nearly 3 standard deviations below its 200-day moving average—a level of "oversold" not seen since the FTX collapse.

The 3 Pillars of Today’s Market (Feb 17):

The Leverage Flush: Roughly $2.5 Billion in Bitcoin futures have been liquidated in the last 7 days. This isn't a "crash"; it's a massive deleveraging that has brought Open Interest down by 20%.

2. Institutional Integration: While retail panics, Morgan Stanley just posted job ads for Blockchain Engineers to integrate Ethereum, Polygon, and Hyperledger into their core banking systems.

Tax Deadline Pressure: Today is the IRS deadline for exchanges to send out new 1099-DA forms. Analysts believe some of the sell pressure is coming from investors liquidating to cover 2025 tax liabilities.

My Strategy: The "Velocity Panic" appears exhausted. I am watching the $65,100 support level. As long as we hold this, the path back to $73k is open.

📊 Are you a "Panic Seller" or an "Institutional Buyer" today?

💎 HODL - Following the Morgan Stanley lead

🛒 BUY THE DIP - Extreme oversold levels

🟡 WAITING - Waiting for tax season to pass

#WriteToEarn #Bitcoin2026 #MarketCrash #MorganStanley #ETH #CryptoTax #BTC60K