ZetaChain

Bitcoin price weakness to start the week compounds expectations of new BTC macro lows as sentiment matches its most bearish levels ever.

The Ethereum co-founder still has over 7,000 ETH left to sell, a supply overhang that could push the ETH price lower in the coming days.

Bitcoin plunged over $3,000 in two hours, while the Crypto Fear & Greed Index has slumped to historic lows again.

Futures traders slashed bearish Bitcoin bets last month, a shift that preceded a 70% rally in 2025 and a 190% increase in the BTC price in 2023.

Bitcoin past performance gave 88% odds of higher prices by early 2027, the latest in a series of new bullish BTC price predictions.

Despite the sharp multi-month market downtrend, Bitcoin whales added 236,000 BTC since December 2025, with order size data showing large players building new positions.

Despite bearish pressure and weak US economic data, Bitcoin's recovering hashrate and new onchain security protocols raise the chance for a surge to $70,000.

The failure of the bulls to start a strong recovery in Bitcoin and the major altcoins suggests that the bears intend to remain active at higher levels.