I think the crypto market is currently in the early recovery phase following a cyclical low, and is undergoing a pullback while waiting for a second confirmation:
• BTC is around $81,500, down about 35% from its October 2025 ATH of $126,000
• This cycle’s low was around $58,000 in June–July 2026 (a decline of about 54%, relatively shallow by historical standards)
• Q3 total market cap rose 39.6% to nearly $3T, and ETFs have returned to net inflows
• Fear & Greed Index is around 53 (neutral)
• BTC dominance is around 59–60%
Institutional consensus: The bear market is over, and the market is shifting from accumulation to the early stages of a trend breakout, but has not yet entered a full-fledged major uptrend
$BTC
• BTC is around $81,500, down about 35% from its October 2025 ATH of $126,000
• This cycle’s low was around $58,000 in June–July 2026 (a decline of about 54%, relatively shallow by historical standards)
• Q3 total market cap rose 39.6% to nearly $3T, and ETFs have returned to net inflows
• Fear & Greed Index is around 53 (neutral)
• BTC dominance is around 59–60%
Institutional consensus: The bear market is over, and the market is shifting from accumulation to the early stages of a trend breakout, but has not yet entered a full-fledged major uptrend
$BTC