Bitcoin is trading near $76,000 as market sentiment deteriorates further into extreme fear.

U.S. Spot Bitcoin ETF assets under management have fallen below $100 billion for the first time since April 2025; liquidations stand at $682.58 million over the past 24 hours.      

Bitcoin ETFs saw $272 million in net outflows on Tuesday, while Ethereum ETFs reported $14.06 million in net inflows.

Cryptocurrency	Ticker	Price
Bitcoin	(CRYPTO: BTC)	$76,186.67
Ethereum	(CRYPTO: ETH)	$2,257.85
Solana	(CRYPTO: SOL)	$96.90
XRP	(CRYPTO: XRP)	$1.59
Dogecoin	(CRYPTO: DOGE)	$0.1075
Shiba Inu	(CRYPTO: SHIB)	$0.056783

The meme coin sector extended losses, down 2.1% to a $37 billion market cap, tracking the broader risk-off environment.

Short-Term Relief Makes Sense

Crypto trader Jelle said bears remain firmly in control as Bitcoin's bear flag has broken down and price continues to push lower.

Depending on the measurement, BTC has either already met its downside target or still has room for another drop of roughly $10,000.

A short-term bounce would be reasonable, he said, but warned that any move toward $80,000 should be watched closely for rejection.

Cyril-DeFi highlighted that Bitcoin has returned to its 2021 highs zone between $70,000 and $80,000, calling it a critical make-or-break region on the weekly chart.

Holding this range on weekly closes would establish a higher low within the broader uptrend. A clean loss, however, would likely trigger deeper downside and liquidity sweeps below.

Crypto analyst Dami-Defi noted Ethereum has decisively lost its rising support near $2,800, confirming a daily breakdown before a sharp flush into major demand around $2,150. That level is now the key focus.

If it holds, Ethereum could see a liquidity sweep and reset, followed by consolidation between $2,150 and $2,700. A true bullish shift would require a reclaim of $2,700 and sustained strength above $2,850.

Crypto chart analyst Ali Martinez added that Solana's next major support levels sit near $74.11 and $50.18 if downside pressure persists.

Trader GalaxyBTC noted Dogecoin is approaching a long-term accumulation zone, arguing that a strong DOGE recovery next year could help catalyze a broader altcoin cycle, as major alt seasons historically have not occurred without significant strength in Dogecoin.

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