Oh wow... it really is "higher price vs. lower realized profit." After BTC reached $78,000, the 24-hour average realized profit the following day was $39.15 million—lower than on April 14 when it hit $76,000. Such a divergence between price action and realized profit typically indicates that demand can no longer sustain concentrated profit-taking, and upward momentum is beginning to weaken (as seen on January 7 and January 14). However, there’s also an客观 factor here—it just happened to be the weekend. With both factors combined, I can’t yet determine which is the primary cause of this divergence. All I can say is: if it’s the first scenario, the rebound has likely topped out. If it’s simply due to reduced weekend market activity, we’ll know once trading resumes on weekdays.