The popular $FIL read is that a 10.607% daily drop makes any bounce irrelevant. The contrarian tell is the location: price is ~$0.8099 after trading as high as $1.0397 across the recent 4h sequence, so the real test is whether the lower range can be reclaimed, not whether the headline looks ugly. I am watching $0.8164, invalidating below $0.8030, with $0.8604 as the next-session target if acceptance returns. Rule: after a liquidation leg, reclaim quality beats bounce size. #CryptoLiquidations$674MIn24H #US10YearTreasuryYieldNears5%