Bitcoin is approaching one of its most important on-chain zones again 📉
CryptoQuant CEO says a move toward ~$53K can no longer be ignored — the realized price level where historical bear market bottoms often formed.
But here’s the bigger signal 👇
Since March 2024, spot ETFs Strategy absorbed 1.24M BTC, yet price still returned near previous cycle levels.
Today, price isn’t driven by inflows alone.
Liquidity, leverage, derivatives flow, and capital rotation now shape the market.
Modern crypto markets are won at the infrastructure level.