All wallet cohorts moved into net distribution for the first time since early June, while a potential golden cross offers some bullish optimism.
Bitcoin is encountering resistance around the $83,000 level, described as a sell wall.
For the first time since early June, every wallet cohort has shifted into net distribution, indicating a move toward selling.
A potential golden cross is noted as a factor that could provide hope for bullish traders.
Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.
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