In the 30 days to October 5, US spot ETF flows, stablecoin growth and corporate treasury buying brought in about $4.9B
Over the same period, the Realized Cap, the value of all coins at the price they last moved, rose by about $12.8B
New money therefore covers less than two fifths of that rise
The rest is coins changing hands at higher prices among money already in the market
The rallies of 2024 and 2025 showed a similar mix, but on far larger inflows
Until those inflows pick up, the move depends on existing holders paying more
#Bitcoin sellers may be showing signs of capitulation again
Previous spikes in loss-taking during early August, mid-August, and mid-September coincided with local market bottoms
Meanwhile, profit-taking has slowed since the September high
If this pattern repeats, yesterday’s wave of selling just above $80K could mark a local floor for #BTC
The key now is whether buyers step in and defend the $80K zone
A sustained recovery would strengthen the case for a local bottom, but confirmation is still needed
Fresh buying pressure is pushing #Bitcoin higher
Large buy orders entered the market after bids around $80,000 were filled, helping drive #BTC upward
However, support below $80K is weakening again, which could leave the market vulnerable if selling pressure returns
Buyers are stepping in, but $BTC needs to maintain its upward momentum
Watch the $80K zone closely for the next signal
#Bitcoin remains trapped below key cost-basis levels
Investors who bought #Bitcoin over the past two years may reach breakeven above $88K, creating potential selling pressure as price approaches that level
Meanwhile, spot #Bitcoin ETFs have turned into net sellers again
The ETF cost basis near $81.5K has acted as support twice so far, making it a critical level to watch
#BTC needs to reclaim key cost-basis levels to strengthen its bullish structure
If $81.5K fails to hold, further downside pressure could emerge
