Bull or Bear?
BTC Capitulation or just a support break?
$BTC lost the 80k mark for the first time since 4/2025. The issue is not the % decrease, but the loss of the narrative "ETF floor". Dominance rising to ~59% indicates money is fleeing altcoins, not moving into risk.
The 71–74k range is the final structural support. If it holds, this is capitulation. If it breaks, the market will reprice the entire cycle.
$ETH – Weak because there’s no reason to be strong.
ETH dropped more than BTC due to a lack of catalyst. No new narrative, no clear staking cash flow, no sufficiently large on-chain demand to absorb sell pressure. ETH is currently trading like a beta asset of BTC, no longer a cycle-oriented layer.
$BNB – Decreasing but hasn't broken structure.
BNB broke 800 but still holds the 740–760 range. This is the difference: BNB is decreasing with the market, not being dumped due to confidence. RSI oversold allows for a technical bounce, but the trend will only reverse when BTC stabilizes. If the market creates a bottom, BNB is usually among the early recovering groups thanks to utility + burn.
This is a truly risk-off phase, not just a slight dip.
Short-term: bearish, prioritize capital preservation.
Medium-term: if Extreme Fear is indeed the psychological bottom, assets with real cash flow and clear utility will recover first.
I choose bull, okay guys
