In my on-chain analysis, which I’ve shared multiple times tracking institutional BTC movements, our blue average remains elevated. No crossover has occurred yet. Over the past two days, the blue average has turned its head upward. Comparing this with historical patterns, there is a possibility that a crossover may not occur. In short: The message is to not fear short-term corrections. For a major decline to happen, this setup would require a sharp breakout and crossover—but we haven’t seen that yet.
