💥 More than 40 thousand BTC has been sent to exchanges at a loss.

🚶‍♂️ This capitulation reflects the spike we observed on July 25.

➕Several opinions/notes from different analysts/analytical companies:

• Key support levels to watch: on-chain support at $111,600, technical support (previous ATH) at $112,000, and traders' realization price at $105,500 — these levels will become critically important in the event of a downward breakout for Bitcoin.

• Finally, we are entering the optimal region for buying assets. It would be surprising if Bitcoin falls much deeper than $108K. Key resistances for breakout: $114.7K and $116.8K. It will likely take time, but after the breakout (end of August / beginning of September), the movement will be swift.

• BTC/W1 may still be in wave (3) of the distribution phase in the Power of 3 format.

• Unlike traditional trend lines that are constantly adjusted after breakouts, this method uses a fixed average trend trajectory built from Gann angles from the macro low. After returning to the average in March 2025, we experienced two major sell-offs of $OTHERS in April and June against the backdrop of FUD events (tariffs and war threats), and yesterday the price touched the average again. Each touch of the average line has historically been the best signal for buying at the bottom.

➕ A few other self-explanatory charts - above.

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