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According to 21Shares, Bitcoin can still recover to $100,000 if key structural supports are maintained and ETF inflows decrease, the asset management firm said in a research report titled "Bitcoin Under Pressure: Hold or Dump?" The recovery scenario depends on the market absorbing current selling pressure, with ETF flows, liquidity conditions, and sentiment around large holders being key variables. 21Shares emphasized that the $100,000 target is not a guarantee, but a conditional path that requires Bitcoin to stabilize and regain momentum after the recent sell-off.