Market Update: The BTC momentum cap is simple math. => STH Cost Basis: Reclaimed then instantly rejected. => The Culprit: 3-6 month holders (Avg cost $112.6k). => The Action: Realized losses are spiking as they exit at break-even or minor loss. BTC isn't stuck—it's absorbing. We don't moon until this cohort finishes flushing. Watch the tape, not the charts.(NekoZ)