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90D SMA of #NetRealizedPnL at -$205M per day — loss realization firmly the prevailing force, center of gravity tilted toward lower band near #RealizedPrice at $53.4K 📉🔴. Reading reflects a deeply embedded loss-dominant environment rather than a single stress event 💪.
Recovery toward neutral levels near zero would signal sell-side exhaustion taking hold — a key precondition for pre-bull market transition beginning to form ⚡️🎯👀