Bitcoin held above $85,000 after a recent sell-off, while spot Bitcoin ETFs recorded $358 million in net outflows and the price sits 31% under the $126,219 all-time high. Despite the breach of the $90,000 level and short-term ETF weakness, correlation and volatility metrics, along with institutional positioning via ETFs and corporate reserves, suggest large investors have not definitively abandoned expectations for a move toward $100,000.

On Monday, crypto markets fell as Bitcoin retested $85,000 and Ether touched $2,900, while leveraged longs saw $527M liquidated in 24 hours. Traders shifted risk after surveys and Fed chair speculation changed macro expectations, and AI-related debt concerns added pressure.

SOL has failed to hold above $145 for four weeks as Solana’s TVL fell by more than $10 billion from its September peak. Following the Oct. 10 market shock, memecoin trading cooled and DEX volumes retreated, while perpetual futures funding shows muted long demand at a 6% annualized rate.