<p>Over the past month, the market has pulled back from the May highs to February levels. Both charts capture the same reversal, but at different speeds: the slow Bitcoin Impulse has already dropped to -59, while average monthly demand from takers has only now broken below the zero line.</p>

Over the past month, the market has pulled back from the May highs to February levels. Both charts capture the same reversal, but at different speeds: the slow Bitcoin Impulse has already dropped to -59, while average monthly demand from takers has only now broken below the zero line.

Bearish impulse accelerated to -59: taker-order pressure is moving negative again

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Bearish impulse accelerated to -59: taker-order pressure is moving negative again

Bearish impulse accelerated to -59: taker-order pressure is moving negative again