Data: Analysis indicates that BTC is struggling to maintain a position above 80,000 USD in the short term, with increasing concerns about market correction

By: rootdata|2026/05/22 04:45:01
0
Share
copy

According to The Block, Bitcoin fell below $78,000 on Thursday, with growing concerns in the market about the momentum for a subsequent rebound. Data shows that Bitcoin spot ETFs have seen a net outflow of funds for four consecutive trading days, while the liquidation of approximately $584 million in long positions earlier this week continues to suppress market risk appetite. Analysts believe that before on-chain spot demand recovers, BTC will still struggle to effectively hold above $80,000 in the short term.

Glassnode analysis points out that Bitcoin's spot CVD (Cumulative Volume Delta) has been negative for nine consecutive trading days, marking the longest net selling period since 2026. When Bitcoin previously rebounded to $82,000, it briefly reclaimed the key level of $78,300, the "real market average," but has now fallen below it again. Historical cycles show that BTC typically needs to consolidate in this area for several weeks to months to confirm a switch in the bull-bear structure.

-- Price

--

You may also like

Interview with macro master Raoul Pal: The AI competition is giving rise to an "economic singularity," don't easily give up your chips in the next four years

Compared to Nasdaq, Bitcoin is currently in a severely oversold position within its long-term trend.

Wang Chuan: How can one not feel anxious after the neighbor Old Wang made thirty times his investment in storage stocks? (Six) - The Trap of Homogeneous Products

In-depth analysis of the cyclical curse of storage stocks: The short-term windfall brought by AI is unsustainable, and rigid capacity will ultimately backfire on prices. Beware of the "low price-to-earnings ratio" wealth trap at the cyclical peak.

"Trapped in the cryptocurrency world: Don't let the anxiety of missing out force you onto the most dangerous last train."

When global assets reach new highs, cryptocurrency becomes the only uninvited guest.

BIS's latest research: The future of stablecoins and the global monetary landscape

The report believes that stablecoins will strengthen the dominance of the US dollar in the short term, posing risks to the monetary sovereignty of emerging markets and developing economies, while the long-term trajectory will depend on their adoption models, regulatory responses, and the synergy of ...

Morning News | Michael Saylor releases Bitcoin Tracker information; Aave releases post-attack investigation on Kelp rsETH bridge; Gravity Bridge announces service suspension after being attacked

Overview of Important Market Events on May 31

Three years later: Looking back at my judgment of ChatGPT in 2023

In fact, it's not that difficult to see the big picture; the hard part is admitting that we have repeatedly taken for granted the numbers, speed, and distribution.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com