🚨 Bitcoin faces external pressure as S&P 500 hits record capital concentration, according to Binance Research.

CBOE Dispersion Index reached 42, the third-highest level, signaling fresh outside pressure in $BTC.

📈 Past concentration peaks saw Bitcoin find a bottom within zero to 20 weeks, with a quick median recovery.

🛡️ Artificial intelligence, defense, energy, and commodities are drawing capital away from crypto assets now.

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