BTC ~$95K isn’t capped by panic selling. Recent buyers are in profit — no fear cascade. The real stress is with 3–12M holders who bought higher, but they’re not capitulating. Supply isn’t hitting the market.
Reclaim the ~$100K realized band ➜ pressure eases fast. Until then, it’s a pause — not a cycle top. The market looks weaker than it is. 🚀
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SELLING PRESSURE IS MISREAD 🔍 $BTC
BTC ~$95K isn’t capped by panic selling. Recent buyers are in profit — no fear cascade.
The real stress is with 3–12M holders who bought higher, but they’re not capitulating. Supply isn’t hitting the market.
Reclaim the ~$100K realized band ➜ pressure eases fast.
Until then, it’s a pause — not a cycle top.
The market looks weaker than it is. 🚀