BTC Struggles to Hold Above $80,000 as Market Fears a Correction

Huo Xing Finance reports, according to The Block, Bitcoin fell below $78,000 on Thursday, as concerns over the lack of rebound momentum continue to grow. Data shows that Bitcoin spot ETFs have experienced net outflows for four consecutive trading days, and approximately $584 million in long positions were liquidated at the start of the week, further suppressing market risk appetite. Analysts believe that, until on-chain spot demand recovers, BTC will struggle to sustainably hold above $80,000 in the short term. Glassnode analysis notes that Bitcoin’s spot CVD (Cumulative Volume Difference) has been negative for nine consecutive trading days, marking the longest net selling period since 2026. Bitcoin had briefly reclaimed the key level of $78,300—the “true market average”—during its earlier rebound to $82,000, but has since fallen back below it. Historical cycles indicate that BTC typically requires weeks to months of consolidation in this range to confirm a shift in bull-bear structure.