Technical Analysis

For the first time since June, all Bitcoin wallet cohorts including whales have shifted to net selling, ending three months of accumulation.

Capital-weighted cost basis near $79,600 positions $80,000 as the key resistance level where average invested capital reaches neutrality.

Technical patterns and seasonal export flows support a resumption of the yuan's year-long appreciation, with Goldman Sachs forecasting 6.7 per dollar within 12 months.

Long-term holders accumulate 32,000 BTC to cold storage over seven days while exchange outflows signal conviction despite technical resistance

The cryptocurrency's price compression, coupled with declining volume, indicates a lack of conviction for a sustained directional move