EconomyBitcoin rebound nears $85,000, where past buyers may sell

Bitcoin and Ethereum extended their weekend rebound, but on-chain data and derivatives positioning suggest obstacles remain. Bitcoin briefly topped $84,000, nearing the $84,000–$85,000 cost-basis cluster that could bring selling pressure. Ethereum rose above $2,500, while large traders appeared to trim bullish exposure despite substantial outstanding derivatives positions, leaving prices vulnerable to sharp moves if volatility returns.

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CCryptoSlate★★☆☆☆2026-10-12 14:20Original