According to TeddyVision (@TeddyVision), while Bitcoin is showing a rebound, it remains below the True Market Mean Price (TMM), and no structural recovery has been confirmed. The TMM is currently around $78,300, with the current price approximately 5% below that level. The key point is that the price has failed to reclaim this critical cost level and has instead been consolidating below it. Although the price/TMM ratio has improved to around 0.95, it remains below 1.0—meaning this is an improvement, not a full recovery. In other words: A rebound is occurring, but the structure remains weak. Until the price clearly breaks above the TMM, we cannot yet confirm a genuine shift into an upward trend.
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