To The Moon

A day in crypto feels like a year in the real world. Four days ago (May 29), when Bitcoin was hovering around $73,000 with low trading volume and the market was still fantasizing about breaking previous highs, I published a post titled "Bitcoin Suffers Largest Capital Outflow of the Year: Four Data Tables Showing Where the Crypto Market's Buying Power is Disappearing." My core conclusion back then was crystal clear: The fundamental driver of this correction is not a frenzy of panic selling, but rather a collective defensive retreat by institutions, ETFs, and new on-chain capital, which has caused the market's buying power to vanish. As it turned out,

A day in crypto feels like a year in the real world. Four days ago (May 29), when Bitcoin was hovering around $73,000 with low trading volume and the market was still fantasizing about breaking previous highs, I published a post titled "Bitcoin Suffers Largest Capital Outflow of the Year: Four Data Tables Showing Where the Crypto Market's Buying Power is Disappearing." My core conclusion back then was crystal clear: The fundamental driver of this correction is not a frenzy of panic selling, but rather a collective defensive retreat by institutions, ETFs, and new on-chain capital, which has caused the market's buying power to vanish. As it turned out,