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Bitcoin stabilizes near $76K amid heavy overhead supply and fragile recovery momentum.

Market News
26 May 2026
AMBCrypto
View Source
Bearish
pluang ai news

Bitcoin's price fell below the $79K support level, triggering aggressive sell-offs and liquidations, but has since stabilized around $76K-$77K. Despite improved short-term buying absorption and reduced panic selling, nearly 39% of Bitcoin's circulating supply remains underwater near $77K, creating strong resistance and limiting recovery momentum. Institutional interest has softened, and demand remains fragile, though long-term holders continue accumulating as exchange reserves hit multi-year lows. The market faces vulnerability to renewed volatility unless higher support levels hold and supply pressure eases.

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