On November 20th, BTC reached $96K for the first time. Today, three months later, the price is the same. But here's what has changed: the realized capitalization has grown from $700B to $860B.
This means that in 3 months the market has absorbed $160 billion of real money.
🔥 +22% of net capital inflows.
🔥 $1.78 billion dollars every day.
Do you really believe that such money comes just like that?
Remember past cycles.
2017: long consolidation at $6-8K → take-off.
2020: stood at $10K → left above $60K.
Now the bowstring is being pulled again. The market absorbs capital while the crowd is distracted.
Do not confuse consolidation with stagnation. This is a recharge before the next jerk.