Bitcoin Holds $80k — Traders Eye Bullish Setup

What we know

The dominant crypto narrative this hour is a broadly bullish BTC read after price swept downside liquidity near $80k. An account on X notes solid absorption at lows and spiking put demand as signs of strength — above $80k is 'back,' below it isn't. Another account on X RTs the observation that with $84.5k and $87k liquidation clusters now above price, the path of least resistance may be up. another account on X via ericzoo draws a parallel to the 2023 bear market recovery, and Fidelity's TimmerFidelity floats a new 4-year cycle bull. Another account on X tempers expectations with a sideways weekend call and flags Monday NYO as the key session. On ETH, another account on X calls a daily SFP 'the cleanest he's seen' and remains long above ~$2,350. Another account on X introduces his 'mean area' concept — price gravitating toward it quickly with lower highs signals a big move lower; inverse applies.