𝗺𝘂𝗹𝘁𝗶𝗽𝗹𝗲 𝗿𝗲𝗱 𝗳𝗹𝗮𝗴𝘀 𝗮𝘀 𝘁𝗵𝗲 $𝟲𝟱𝗸 𝗯𝗿𝗲𝗮𝗸𝗼𝘂𝘁 𝗴𝗲𝘁𝘀 𝗿𝗲𝗷𝗲𝗰𝘁𝗲𝗱

the @crypto crowd is celebrating the 50-day ma reclaim while spot ETF volume is down 78% from peak. the volume divergence has already invalidated the bullish reversal thesis, and retail is chasing a broken setup directly into the $300m supply transferred to coinbase prime.

once $62k support is failed and lost, reality sets in: this entire move was just institutional distribution