TREE NEWS reports: A record short squeeze triggered a 26% rebound from mid-August lows, with Bitcoin now testing the $81K-$86K supply zone. ETF inflows hit $2.23B weekly, and on-chain data shows accumulation across all wallet cohorts. Breakout above $83.3K would signal strength, while losing $70K support would indicate weakness.
BTC Faces $81K-$86K Supply Zone After Record Short Squeeze
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AI take
The rebound's durability is now being tested against a well-defined supply zone, where overhead selling pressure could stall momentum. Strong ETF inflows and broad-based accumulation suggest conviction, but the concentration of supply at $81K-$86K makes the next move a binary one: a clean break above $83.3K would confirm renewed demand, while a failure to hold $70K would expose the fragility of the recovery. The key question is whether the short-covering fuel has been exhausted or if fresh spot buying can absorb the supply.
Generated by AI for reference only.
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