Bitcoin’s Mid-Cycle Reset: Forced Supply, Stagnant Liquidity, and Quiet Accumulation ☄️

Bitcoin’s price weakness isn’t a collapse in demand, it’s a supply-side reset ⚠️

U.S. institutions continue to buy, but Asia led selling, miner capitulation, and short term holder distribution are keeping pressure on price. Much of this supply is forced, not discretionary, and is being absorbed rather than dumped 🕯

At the same time, liquidity isn’t expanding. Capital is circulating inside the market instead of growing, which historically leads to price compression until forced sellers are cleared 📊

Altcoins confirm the risk off regime, with capital concentrating in Bitcoin and no true altseason developing 💸

On chain valuation and positioning metrics point to a healthy handover and balance sheet repair, not the end of the bull cycle. The market is resetting, not breaking, waiting on fresh liquidity to resolve the imbalance ➕