The cryptocurrency market is experiencing intense washout in 2026. Standard Chartered Bank warns of the 'final surrender phase,' predicting a bearish BTC at $50,000; meanwhile, #JPMorgan remains optimistic, believing in strong support at $77,000.
Core Insights:
Liquidity takeover narrative: The influence of the Federal Reserve's policy has fully overshadowed native narratives like the halving.
Leverage liquidation: $260 million liquidated in 48 hours, and the market is undergoing a strong deleveraging.
Institutional game: ETF outflows indicate risk-off sentiment, but the demand for compliant collateral remains a long-term cornerstone.
Is this the ultimate exit for retail investors, or the ticket for the next wave of institutional bull market?