Bitcoin Holds Below $84,000 Cost-Basis Level as Only Nine of 125 Top Tokens Rise

Crypto Insight Summary: Bitcoin fell through $84,000 in two legs, the first in the Asia session and the second at the U.S. open, and has not reclaimed it. A Bitfinex research note circulated hours earlier had called that level the market's largest cost-basis cluster. Funding rates sat near zero across OKX, Deribit and Crypto Insight Analysis: Direction: Bearish BTC Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: BTC breaking below major cost-basis level triggers sell pressure.