đš **MARKET SUMMARY: Crisis Fading â Is $BTC Targeting $140K?**
### **1. đ° Technical + On-Chain Support**
* Bitcoin is forming a **Cup-and-Handle** pattern â the same structure that pushed Google stock up 67%.
* Binanceâs **BTC/Stablecoin Reserve Ratio** has hit a historic low (same as 2018), a signal that has *always* preceded strong BTC bull runs due to high stablecoin liquidity.
**BTC: 87,314 (+1.38%)**
### **2. đïž Institutional Money Floods In**
TradFi has officially opened its gates to crypto:
* **Vanguard** reverses stance, allowing access to crypto ETFs
* **Franklin Templeton** expands with a new Crypto Index ETF
* **Grayscale** launches its **Chainlink (GLNK) ETF**
* **Ondo Summit** unites giants (JPM, Citi, Fidelity, SWIFT, DTCC), confirming 2026 as the breakout year for **Tokenized RWAs**
**ONDO: 0.4666 (+1.39%)**
### **3. đ On-Chain Capitulation & L1 Rotation**
Short-term BTC traders are taking **20â25% losses**, signaling capitulation â a classic phase where Bitcoin shifts from weak hands to long-term holders.
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### **đ Final Verdict**
Macro remains soft (ISM PMI below 50), delaying a full altseason⊠**but all major signals â technical, on-chain, institutional â point toward a major BTC rally, with a potential path toward $140K.**
