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Felix.Crypto
BTC DROPS: LEVERAGE RESET?
$BTC slipped below $77K after hitting $81.3K, while $ETH fell toward $2.4K.
Hawkish Fed signals at Jackson Hole lifted yields and the dollar, pressuring risk assets. Bitcoin ETFs then recorded about $201.8M in outflows, ending a nine-session inflow streak.
The market is now focused on whether $BTC can defend the $76.5K–$77K support zone.
For now, the move looks more like macro repricing and leverage unwinding than a confirmed trend reversal.
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