📉 Potential U-Shape Recovery Underway?
The Daily Realized PnL Ratio (30d DMA) tells the story: the market is still forming the bottom. No recovery signal has appeared yet — consolidation, not rebound.
🔹 What it means:
We could linger here for weeks, even if $BTC holds steady.
No panic, no capitulation — just healthy bottom formation.
The first meaningful blue bar on this indicator will mark a real shift in market structure.
⚠️ Risk Reminder:
Bottom formation ≠ guaranteed upside.
Consolidation is slow; patience is key.
💬 Buy-the-dip?
Historically, U-shape bottoms have been solid entry points.
Timing is crucial: wait for the 30d DMA to curve up before calling it a recovery.
📊 Takeaway:
Not in recovery yet.
Foundations are being built.
Watch the 30d DMA — it’ll signal the next major move.
BNBUSDT
Perp
900
+0.33%
BTCUSDT
Perp
92,746.8
+2.41%