Bitcoin is holding near $87K, but the real story isn’t on the price chart — it’s buried in the flows. Underneath the surface, the market is undergoing a classic structural rotation. While short-term holders sell into fear, long-term wallets continue to absorb. There’s no technical blow-off, no mass liquidation, and certainly no exodus of capital. What we’re seeing is deliberate. Quiet. And backed by conviction.

This isn’t a market driven by hype. It’s being shaped by those who have seen it before — and know exactly how this part of the cycle works.