Bitcoin consolidated near $65,000 in a narrow $62,000 to $65,000 range over the past week. 24-hour Spot Flows showed $22.36 million in Bitcoin moving off exchanges, reducing the supply immediately available for sale. However, 7-day Spot Netflows registered $211.24 million moving onto exchanges, and the 15-day reading showed $163.30 million in inflows, indicating persistent selling pressure. The Supply in Profit metric, with approximately 11.44 million BTC, remained in the lower market band, suggesting that downside risk may have moderated after the recent correction. Short-Term Holder Realized Price lines converged, but Bitcoin had not confirmed a bullish crossover.
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