Bitcoin’s mid-August recovery has stalled after the asset climbed above $80,000—and briefly above $81,000—before retreating toward about $76,000 under heavy selling between $83,000 and $86,000. Glassnode’s weekly report said momentum is fading in a supply zone dominated by long-term holders, while the share of supply in profit near the $78,000 level rose from about 65% in May to 68% by late August, underscoring overhead supply as price revisits those levels. The firm framed $62,000-$65,000 as critical support and $83,000-$86,000 as major resistance, leaving Bitcoin range-bound between those bands in the near term. On the institutional side, average daily inflows into US spot Bitcoin ETFs peaked near $290 million even as daily trading volume hovered around $3 billion, a softer backdrop than prior bull phases and one Glassnode linked more to news-driven flows than broad sustained demand. Earlier August sessions still recorded about $2.05 billion of ETF inflows over six days after the August 19 short squeeze, but choppy subsequent flows and a long-negative Coinbase premium continue to signal weak US spot appetite. A jump in the US 10-year Treasury yield from 4.6% to 4.8% over eight trading days, a new cycle high, has added macroeconomic pressure, while the informal Bart Simpson reversal pattern remains unconfirmed inside the broader consolidation.