Price rallies that happen too quickly to allow enough on-chain accumulation often struggle to absorb the selling pressure from recent holders.
The recent drop below the True Market Mean, a key boundary between bull and bear markets, may be a result of exactly this pattern.
Bitcoin has moved into Repair. Now demand has to keep it there.
The latest ETF/CME reading offers an encouraging sign. Inflows stayed positive as futures open interest fell, pointing to Directional Buying rather than new carry positions.
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