The Puell Multiple just touched the green zone and bounced out — historically, that's been the signal for the next crypto rally to kick off.
Quick lesson: The Puell Multiple measures miner revenue relative to historical averages. When it dips into the green (oversold zone), miners are getting squeezed — they're earning less, capitulation pressure builds, and smart money starts positioning. Once it exits back up, it confirms the bottom's in and momentum's shifting.
Every single time this pattern has played out, $BTC has entered a new leg up. It's not a crystal ball, but it's a clean structural read — miner capitulation → accumulation → rally.
Setup: Watch for confirmation above key resistance. If $BTC holds structure here and volume picks up, this could be the early stage of the next move.
Invalidation: If the Puell Multiple rolls back into the green without follow-through, we're still in chop.
This is textbook cycle behavior. Pay attention.
Quick lesson: The Puell Multiple measures miner revenue relative to historical averages. When it dips into the green (oversold zone), miners are getting squeezed — they're earning less, capitulation pressure builds, and smart money starts positioning. Once it exits back up, it confirms the bottom's in and momentum's shifting.
Every single time this pattern has played out, $BTC has entered a new leg up. It's not a crystal ball, but it's a clean structural read — miner capitulation → accumulation → rally.
Setup: Watch for confirmation above key resistance. If $BTC holds structure here and volume picks up, this could be the early stage of the next move.
Invalidation: If the Puell Multiple rolls back into the green without follow-through, we're still in chop.
This is textbook cycle behavior. Pay attention.
