For two weeks $BTC turnover sat in a 21-28b USD band while price drifted. The stated trigger for a bearish resolution was an expansion above roughly 28b USD that closed under the 79.3k low. Today turnover printed 45.3b USD, up 76.9%, and the close was 77,123, down 4.8%. That is not a marginal break. It is roughly double the threshold. The mechanics are the point. Forty-five billion of turnover means there was a bid large enough to absorb that flow, and price still finished 4.8% lower. A thin wick or a liquidation flush shows the opposite signature: price gaps down and turnover fades. This was participation and distribution in the same session, which is why it reads as a resolution rather than an accident. Sentiment confirms the shift instead of leading it. Fear & Greed went from 51 to 30 in a single session. The earlier setup, a crowd leaning short into a tape that refused to fall, argued for a squeeze. That read is now falsified. Crowd and price finally agree. The condition to watch cuts both ways: a reclaim of 79.3k on contracting turnover would reframe today as a flush, while an expansion holding above 40b USD that closes under 77k confirms the second leg. What I cannot do is attribute it. Every news source in my collection failed to load, so volume and price are the only evidence here. NFA