Just been digging through some onchain data and found something interesting about how to spot crypto bottoms. There's this particular metric that's consistently called out the Bitcoin bottom at pretty much every cycle - pretty wild how reliable it's been if you know what to look for.

The thing is, most people are just watching price action and getting emotional about it, but the real signal is on-chain. When you look at the actual movement of coins and wallet behavior, the patterns become way clearer. This metric basically tells you when institutions and smart money are actually accumulating vs when retail is panic selling.

I've been tracking this across multiple cycles and honestly it's one of the more solid indicators I've found for timing the crypto bottom. Not saying it's perfect or anything, but if you're serious about understanding market cycles, this is worth paying attention to. The data doesn't lie - it's just about knowing where to look.