BTC falls below 65000, bulls are being cleaned up, will 63000 become an opportunity zone?
AiCoin|Aug 11, 2026 01:50
BTC fell back in early trading, breaking below the $65000 mark.
Current price:
* BTC:$64, Near 044
*24-hour interval: $63806- $65391
* ETH:$1,878
Market pressure mainly comes from three aspects:
one ️⃣ Over the past 24 hours, the entire network has experienced a surge of 722 million US dollars in liquidation
*Multiple liquidation of $534 million
*Long positions become the main liquidation targets
Indicating that the early chasing leverage is being cleared.
two ️⃣ BIP-110 fork disturbance - Bitcoin fork expectations are heating up, and the market is concerned about replay attacks and trading risks, which will increase BTC uncertainty in the short term.
three ️⃣ Macro enters a critical window, with non farm sectors experiencing a sudden drop and expectations of the Federal Reserve cutting interest rates rising; At the same time, the situation between the United States and Iran has eased, and the pressure on risk assets has decreased.
But the financial situation has not deteriorated:
*BTC ETF net inflow of $854 million last week
*BlackRock IBIT continuous net inflow
*Long term funds are still absorbing volatility
Short term attention:
📍 BTC Support: $63000- $63500 Pressure: $65000- $65500
If it falls below 63000, it may continue to test around 60000; If we stand back at 65000, the bullish structure is expected to be repaired.
📍 ETH Support: $1850- $1880 Pressure: $1930
The current market is not simply experiencing a decline, but rather:
The game stage of clearing leveraged funds and receiving institutional funds.
Today's focus is on whether BTC can hold at $63000, which may determine the starting point of the next rebound.
Risk Warning: The above content is only for market information sharing and data analysis, and does not constitute investment advice.
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