TL;DR: Long-term holders aren’t selling.
That’s not bearish.

Coins held longer than 6 months remain mostly untouched.
No major spike in old coin distribution.

If smart money wanted out,
you would see it on-chain first.

You don’t.
$BTC

BTC
BTCUSDT
73,080.4
-2.90%

$ETH

ETH
ETHUSDT
1,993.98
-3.68%

$SOL

SOL
SOLUSDT
81.35
-3.63%