BloFin Research
BloFin Research|Nov 02, 2026 02:15
Price is now stuck between two levels. BTC is below the $80–82K zone it lost last week, where the ETF cost basis sits, and above the 50-week average. Regaining $81–82K would mean most of the hack damage has been absorbed. While price is below the ETF holders’ cost basis, the average ETF holder is at a loss. As price gets back toward that level, some will sell to break even, which caps rallies. A move back above $82K would show the market has absorbed the hack.
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