Market Update: The $BTC momentum cap is simple math.
=> STH Cost Basis: Reclaimed then instantly rejected.
=> The Culprit: 3-6 month holders (Avg cost $112.6k).
=> The Action: Realized losses are spiking as they exit at break-even or minor loss.
$BTC isn't stuck—it's absorbing. We don't moon until this cohort finishes flushing. Watch the tape, not the charts.

$BTC momentum is real
Sector:
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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