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BTC has been ranging between $60K and $70K for a total of 307 days (non-consecutive), making it the third-longest consolidation in the same range in history, only behind the $10K~$20K and $20K~$30K periods. This comes with a not-so-great on-chain signal: realized losses by long-term holders are increasing, meaning more coins are changing hands, and more people are selling at a loss. Do you think these 307 days are a 'big break' in the bull market, or the 'top platform' signaling the start of a bear market?
