Bitcoin has bounced back above $63,000. Everyone is looking at the green candles. I’m looking at the money. We’ve just had one of the largest ETF outflow streaks on record, with billions leaving the market over the past few weeks. Yet Bitcoin is still holding up. That’s what makes this interesting. If the selling pressure was enough to break the market, you’d expect price to be much lower already. Instead, buyers are still showing up. The question is whether they’re strong enough to absorb what’s still coming.