IT Tech
Retail just left the building
Retail is fully disengaged. No accumulation. No FOMO. Retail capitulation at this scale has historically marked late-stage corrections. But it doesn't mean immediate reversal. Retail stays out longer than you think. - Retail Demand 30D Change: deep negative - matching 2022 bear lows and mid-2024 capitulation - BTC price: ~69K (down from 125K ATH) - Transfer volume ($0-$10K): collapsing - small wallets aren't buying - Last time this low: 15K-20K (2022) and 25K (mid-2023)