@velvetchime
Bitcoin trades near $112k, consolidating between $104k and $116k. URPD shows investors accumulated in the $108k–$116k range, filling the air gap. This reflects constructive dip-buying, though it does not rule out further contraction.
The break below the 0.95-quantile cost basis ended a 3.5-month euphoric phase, placing the price back into the $104k–$114k band. Historically, this zone has been a corridor of sideways consolidation before the next decisive trend.
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