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$BTC At $64,800. Momentum Recovering. But The Structure Disagrees.
Momentum Model: Moderate Bull → 100% Exposure
Structural Model: Bear → 30% Exposure
4/5 Realized Price Age-Bands Still Inverted ❌
Recent Buyers' Cost Basis Below Veteran Holders ❌
-26.3% Key Band Spread Since January ❌
Price Recovering. Structure NOT Recovering.
When Momentum Pushes Into Unbroken Structural Resistance... That's A Trap. Not A Breakout.
Momentum Without Structure Is Just Hopium With Extra Steps.