According to @MI_Algos, the latest BTC drawdown reflects a leverage flush and weak-hand capitulation across BTC, ETH and altcoins rather than a confirmed structural breakdown, highlighted by mass liquidations and extreme fear readings, which have historically presented opportunity zones for disciplined traders, source: @MI_Algos. According to @MI_Algos, a 50-day and 200-day SMA death cross is imminent and has historically aligned with macro bottoms in BTC, with the path hinging on whether price can hold support within the larger structure, source: @MI_Algos. According to @MI_Algos, the critical pivot is the Yearly Open near 93.3k, where weekly and monthly closes below that level would open risks for a 50 to 60 percent drawdown, while holding and reclaiming the 50-day SMA into the weekly close would favor stabilization, source: @MI_Algos. According to @MI_Algos citing Chainalysis, North America processed 2.3 trillion dollars in crypto transactions from July 2024 to June 2025 with 45 percent in transfers over 10 million dollars, indicating elevated institutional participation, source: Chainalysis via @MI_Algos. According to @MI_Algos citing industry observations, large institutions are building custody and settlement rails, consistent with ongoing enterprise adoption trends, source: EY via @MI_Algos. According to @MI_Algos, traders should monitor BTC dominance versus TOTAL3 for rotation signals, USDT dominance for risk-on or risk-off, and whether BTC can recapture the 50-day SMA to neutralize the immediate death-cross risk and set up a later golden cross, source: @MI_Algos. According to @MI_Algos, the author’s scenarios are worst case a breakdown below the Yearly Open into a 50 to 60 percent bear market, base case fear and greed at 8 to 11 with consolidation above the Yearly Open and recovery toward price discovery in 2026, and best case a quiet institutional bid that averts major downside, source: @MI_Algos. According to @MI_Algos, the actionable approach is range trading with predefined levels, watching liquidity and dominance flows, and letting the chart data, not narratives, drive execution, source: @MI_Algos.