Bitcoin is trading less like a risk asset and more like a settlement layer. Volume spikes are being absorbed instead of rejected, which tells you sellers are getting exhausted. This is not a “moon” phase it’s a positioning phase. Smart money doesn’t announce entries; it waits for emotional fatigue. When BTC holds structure during uncertainty, it sends one message: capital still trusts the network. Traders chasing volatility miss this signal. The real edge is recognizing when an asset stops needing attention to maintain value.

BTC
87,778.12
+1.09%