**Realized Cap Analysis Indicates Stagnant Net Capital Inflow in Crypto Market**

The Realized Cap, a metric that values each coin based on its last network trade, currently stands at $461 billion, reflecting a modest increase of $3 billion or 0.66%. This indicates low movement and a stagnant net capital inflow.

Key inflection points reveal market dynamics: during market tops, Realized Cap stabilizes, signaling a shift from profit to loss. In bear market recoveries, HODLers set the market floor, with capital flowing evenly into Bitcoin. In bull markets, HODLers who bought at lows tend to sell at highs.

Since August, the Realized Cap's stagnation suggests a cautious market outlook. Significant Bitcoin movement in the next 30 days is crucial to break this liquidity neutrality.