A decline in Bitcoin's average transaction value doesn't necessarily signal a retail participation revival. Lower transaction values can stem from various factors, like increased use of the Lightning Network for smaller, faster payments or a shift toward microtransactions. Retail activity might be rising, as seen in slightly positive demand for $0-$10K transactions, but transfer volumes remain steady, not spiking like past bull runs. Institutional dominance and HODLing could also suppress average values while retail engagement grows. On-chain data, like active addresses dropping despite high prices, suggests limited retail frenzy, resembling accumulation phases. Without a clear surge in small transaction volumes or new wallet creation, it's premature to confirm a retail comeback. More data is needed to assess if this trend reflects broader retail adoption or other market dynamics.