#Bitcoin Short-Term Bubble Risk 📉 📊 The Short-term Bubble Risk z-score has dropped below the 0.00 Mean to -0.77 in the green zone. Speculative froth has fully unwound across the market. 📍 Oscillating just above the -1.00 Cooling line indicates healthy consolidation. Historically, downside momentum decelerates once readings settle into this lower band. 💡 Leverage overhang is neutralized. The metric confirms current price action near ~$77K is driven by spot absorption rather than speculative excess.