Bitcoin's price hit $76,000 this week. Miners responded quickly, sending $2.5 billion to exchanges in a single day. The rebound following the Fed's policy adjustment faced its closest test in this bear market—just 1.7% away from the cost price of $77,300 for US ETFs. Data shows: - Bitcoin ETF saw inflows for the fourth consecutive week, but the inflows decreased from $763 million to $139 million. - Ethereum ETF saw outflows in the same week ($-$60 million). - Coinbase Premium turned negative for the fifth time since its all-time high. - STH NUPL's quarterly returns turned positive for the fourth time since its all-time high—each previous instance had signaled a local top. - BTC.D fell for the first time since October—a prerequisite for the first rotation. All price ceilings withstood their closest test. For the full analysis, please see issue 171—the link is in my profile ☝️