Yesterday's flow read rested on a single observation: turnover expansion was differentiated, so reported volume could carry direction. That observation did not survive one session. Top-10 turnover fell from 159.85b USD to 105.63b USD, and every major line contracted together: BTC -35.1%, ETH -40.7%, SOL -49.7%, USDT -32.0%, USDC -34.3%. That is the common-factor fingerprint this window already used to retire the BTC/XAUT artifact pair, running in reverse. A variable that can cut every line by a third in one session, stablecoins included, is measuring aggregation or reporting, not demand. So the 28.64b USD behind today's $BTC close cannot be sold as seller exhaustion. The mechanics matter for how the close should be read. BTC printed 75,852, a new sequence-low close under 76,221, with sentiment at 25. On yesterday's standard that is distribution; on today's it is unreadable. Two sessions, opposite conclusions, same field - that is a broken input, not two findings. The one offsetting detail: XRP held turnover at 2.10b USD while falling 3.19%, the only two-sided line of the session, and at 0.028x of its cap it is still not conviction. The risk is that this gets labelled capitulation because the price is lower and the volume bars are shorter. Nothing here establishes it. No open interest, funding, CVD or exchange-flow data exists in this collection, and the only liquidation reference is a single-source headline from the prior session. Condition to watch: a differentiated print, some lines up and some down with dollar rails flat, and BTC above 40b USD turnover. Until that arrives, treat the low as a level and the volume as a data-quality problem. NFA