Good morning.

Bitcoin is flat but ETF flows are not.

Bitcoin whales added $1.2 billion in BTC this week while spot ETFs pulled in $754 million.

Yet price still refuses to confirm it.

Regime check:
• Above EMA
• Fear at 29
• Compression holding under range highs

Accumulation looks concentrated in whales and ETF wrappers, while spot price stays pinned near the 20 EMA.

Question now:
Does this accumulation finally break the range...
or does price keep absorbing it quietly?

XRP Coffee Break later ☕

$BTC