We Potentially are in a U-Shape Recovery
The Daily Realized PnL Ratio (30d DMA) tells the story: we're still forming the bottom. No recovery signal has appeared yet; the market is consolidating, not rebounding.
š¹ What it means:
We can linger here for weeks, even if $BTC doesn't drop further.
No panic, no capitulation; just healthy bottom formation.
The first meaningful blue bar on this indicator will mark a real shift in market structure.
ā ļø Risk reminder:
Bottom formation doesn't guarantee an upside.
Consolidation is slow; patience is key.
š¬ Buy-the-dip?
Historically, U-shape bottoms have been solid entries, but timing is crucial.Ā Wait for the 30-day DMA to curve up before calling it a recovery.
š Takeaway:
Not in recovery yet. Foundations are being built. Watch the 30d DMA, it'll signal the next move. $BNB #BTC #CryptoMarket
