The new week begins, with $560 million in long positions directly wiped out.

Honestly, I wasn't surprised by this drop.
Oil is surging, U.S. Treasury yields are jumping, and the U.S. stock market is also declining—collective bloodletting of risk assets, and Bitcoin dropping along is the normal script.
What truly makes me cautious is Bitcoin Depot filing for bankruptcy.
North America's largest Bitcoin ATM operator, collapsing just like that.
This isn't about the price of coins dropping a few points; it's about the collapse of retail infrastructure.
The last bear market followed the same sequence: first killing mining companies, then exploding exchanges, and finally these capillary-level entities.
This week, I am watching two points:
First, whether the previous low can hold, and
Second, whether funds are flowing over from stocks—betting on a risk rotation.
Bitcoin is stuck at 76.9K, a position that could go up or down within the week.
Expect volatility within the week, leaning weaker, and there's a high probability of a significant decline next week.