These 4 data points tell us that BTC is not yet ready to return to a strong upward trend. With sustained net outflows of funds from exchanges and a decline in dominance during U.S. trading hours, a sideways movement or gradual downward consolidation is actually the best scenario. As long as there’s no accelerated drop or a return to panic, and short-term positions are gradually redistributed, everything is moving in a positive direction—it’s just that the pace is a bit slower. Don’t rush. Sometimes, slow is fast. ------------------------------------ Image 1: Net outflow of stablecoins from exchanges Image 2: Decline in U.S. dominance within RMMPC Image 3: Deepening negative Coinbase premium index Image 4: USDC/USDT exchange rate >1, with the gap worsening