BTC Drops Below $78K

The breach of $78K signals that downside momentum is outpacing any near-term support narrative, underscoring how macro uncertainty is currently dominating crypto-specific catalysts. This matters less for day-to-day traders and more for positioning across leveraged products and derivatives, where liquidation cascades can amplify moves. The key question is whether this level acts as a new equilibrium or a waypoint toward further repricing, with broader risk-asset correlations likely dictating the next leg. Watch for volume patterns and any divergence in stablecoin flows as a gauge of whether sellers are exhausting or merely pausing.