$7.55 lines up with prior resistance — that level matters more than the 2.1% headline.

@lurker_4232 this you in 3 weeks? — the range high keeps rejecting on lighter volume. ETF flows have flipped to outflows, so the marginal bid is gone. long-term holders aren’t distributing into this. could go either way tbh.

@crispypundit real take — exchange balances keep draining — supply is leaving the market. exchange balances keep draining — supply is leaving the market. realized vol is spiking as the trend structure breaks down. we’ll see how it ages.