00:00Bitcoin just cratered over 10%, dropping below 82,024 hours, and the fallout across crypto has been brutal.
00:08Over $2 billion was liquidated with spot ETFs seeing massive outflows.
00:13$903 million out of Bitcoin funds and another $261 million pulled from Ethereum.
00:19Glassnode says realized losses just spiked to levels we haven't seen since the FTX collapse,
00:25mostly from short-term holders finally capitulating.
00:27And here's the part traders aren't going to like.
00:30Bitcoin's weekly supertrend just flipped bearish, and for more than a decade, every bearish flip has led to a major correction.
00:38Ethereum has dropped to around $2,650 with key resistance at $3,200 and support near $2,580 where reversal setups may appear.
00:49Solana is sitting on a major support zone.
00:51Meanwhile, meme coins were hit the hardest, down nearly 11%, even with the new Doge ETF debuting.
00:58Bottom line, this wasn't just a dip, it was a full-on washout, and the charts suggest the correction may not be finished.
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