Recently, I've seen a bunch of charts about LST/re-staking again, and honestly, the returns aren't just falling from the sky: some are from the staking rewards themselves, and a lot depends on "someone willing to pay for your sense of security/liquidity." As it gets more and more attractive, I actually start to feel a bit anxious… If on-chain protocols have a small hiccup, or if the rules change, the returns might still be there, but if the redemption gets stuck first, that would be awkward.

𝑩𝑰𝑻𝑪𝑶𝑰𝑵 𝑩𝑬𝑨𝑹 𝑴𝑨𝑹𝑲𝑬𝑻 𝑪𝑶𝑵𝑭𝑰𝑹𝑴𝑬𝑫 — 𝑻𝑯𝑬 𝑾𝑨𝑽𝑬 𝑷𝑶𝑰𝑵𝑻𝑺 𝑻𝑶 𝑭𝑼𝑹𝑻𝑯𝑬𝑹 𝑫𝑶𝑾𝑵𝑺𝑰𝑫𝑬 📉⚠️
Bitcoin’s weekly structure now clearly signals a bear market phase under The Wave methodology.
The previous rally has completed a FLAT correction ending in a Terminal structure, and the breakdown that followed confirms the trend has shifted.
🔶 𝐓𝐡𝐞 𝐖𝐚𝐯𝐞 𝐒𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐄𝐱𝐩𝐥𝐚𝐢𝐧𝐞𝐝
◆ 🔸 The move from the 2024 low formed a corrective a:3 → b:3 → c:5 (Terminal) structure.
◆ 🔸 The rally showed overlap, weakness, and slow momentum — classic signs of a co