💥💥💥 BREAKING ALERT 💥💥💥
Bitcoin dropped to the True Market Mean — the cost basis of non-dormant coins, separating mild bearish phases from deep bear markets 📉⚡️. Price stabilized above it, but structure mirrors Q1 2022 📊.
Spot price fell below the 0.75 quantile to $96.1K, putting 25% of supply underwater 🔴💰. This creates fragile balance between capitulation and bottom formation ⚖️.
Market remains sensitive to macro shocks until reclaiming $106.2K (0.85 quantile) as support 👀🎯.
