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Bitcoin Regains $88K Price Level as Onchain Indicators Signal Potential Recovery

Key Takeaways

  • Bitcoin extended a gentle recovery to $88,200 as markets probe early signs of stabilisation with total crypto market capitalization rising to $3.03 trillion.
  • Ethereum and Solana ETFs posted strong inflows of $97 million and $58 million each, while Bitcoin ETFs continue to bleed with $151 million outflow.
  • Derivatives data shows position unwinds, not aggressive shorting, which marks a constructive shift.
  • Onchain stress remains high, but momentum, flows, and structural metrics hint at bottom formation.
  • Market sits inside the $84,000–$90,000 accumulation range with volatility risk elevated.
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