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Just noticed something interesting about last week's market action - Bitcoin took a pretty serious rout, and the data shows it was actually the biggest realized loss we've ever seen. That's pretty heavy when you think about it.
What caught my eye though is that alongside all this selling pressure, there are actually some bottoming signals starting to show up. Like, the market got absolutely wrecked, but now you're seeing some early signs that maybe we're finding a floor. Current price is sitting around 71.65K with a -1.63% move on the day, so things are still shaky but the panic seems to be easing a bit.
The whole rout situation was intense - massive realized losses across the board - but historically these kinds of washouts can mark turning points. Not saying we're out of the woods, but the bottoming indicators are worth watching. When you see a rout this severe, sometimes that's exactly when smart money starts thinking about entry points again.