cryptoai046

As of August 24, 2026, the digital asset market is consolidating its massive breakout, with Bitcoin holding strong above the $77,500–$78,000 zone after posting a historic weekly surge exceeding 23%.

Driven by over $1.9 billion in cumulative spot ETF inflows and a sweeping short squeeze that cleared out billions in bearish leverage, market sentiment has flipped decisively bullish. While technical charts indicate that Bitcoin is facing immediate selling pressure near the psychological $80,000 resistance barrier, analysts are eyeing the newly established $71,000 level as a robust structural support floor.

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