(HedgeCo.Net) Bitcoin’s latest pullback has created one of the strangest sentiment backdrops in digital assets: the world’s largest cryptocurrency is still trading at levels that would have been considered extraordinary in earlier cycles, yet the mood across crypto derivatives, ETF flows, and retail sentiment looks increasingly defensive. The headline number tells one story. The positioning beneath it tells another.
Bitcoin’s failure to hold the $80,000 level has reopened a familiar question...
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