Navigating this market requires tracking real on-chain positioning rather than trading central bank headlines while inflation sits at 3.4% CPI and Fed rates remain at 3.50%-3.75% $BTC long term holders are finally coming back above water. After spending most of August realizing losses with LTH SOPR below 1.0 on 24 of 31 days averaging 0.9176 the structure improved past Aug. 19. Four of the subsequent eight sessions closed above break-even, including a 1.3615 reading on Aug. 22, with the latest dip below 1.0 lasting only a single day. Rather than forcing trades during the Jackson Hole speech, I’m watching to see if this underlying holder strength can absorb macro volatility. Keeping traditional equity indices and bond yields open on BingX TradFi gives me full cross market visibility while I wait patiently for confirmed entries