Bitcoin is under immense pressure at the $80,000 threshold. This is not just a psychological level; it is also the cost line for large institutional investors holding Spot ETFs. Once it breaks down, a large inflow of funds will turn into unrealized losses, potentially triggering a chain reaction of dumping.

Looking down, the defensive structure has become very fragile. 80,000 is a watershed, representing the average cost of current positions and determining the market's bullish and bearish sentiment. As for the range of 75,000 to 85,000? There is hardly any support; once the price slips in, the speed of decline will be quite fast. The lower range of 65,000 to 70,000 is the core stronghold of early institutions, as they have a thick cushion of profits, which may form a defensive line - but the premise is that panic sentiment does not spread too widely.

The data that truly worries people is here: the current investment in Bitcoin that is in a loss state has exceeded the profit portion. A large number of investors who "bought high" have already been trapped, and any weak rebound could turn into concentrated dumping.

In such an environment, more and more funds are starting to think differently. Rather than clinging to mainstream assets at a cost line, it is better to find some hedging tools that can generate income on their own. Decentralized stablecoins, with their over-collateralization mechanism and stable returns, are becoming the choice of many investors. Allowing idle funds to generate profits on their own, without relying on a unilateral market rise — this dual-core driving logic is particularly practical in fluctuating markets.