A weekly loss of 10%, combined with the cascading liquidation of leveraged positions and a massive outflow from ETFs, has ignited a wave of panic. The total market cap is fluctuating around $2.6–3.0 trillion, while Bitcoin dominance holds steady at the 59–60% band, maintaining its role as a "safe haven."
But here is the critical point: Is this drop the start of a classic bear market, or is it the final flush of a long consolidation phase?
Analysts are divided. One side argues that "capitulation" is underway and that we could test the $75,000–$70.000 range. The other side insists that "histor