$BTC futures just reclaimed AVWAP from the all-time high as support on CME. That's a clean technical flip—anchored volume-weighted average price holding as a floor means institutional positioning is defending this level. If it sticks, we're looking at a structural shift in the tape. Watch for follow-through above this zone; losing it back would be a red flag. This is the kind of setup where conviction matters—either you believe the bid is real or you fade the bounce.