Bitcoin Realized Cap is now $461 billion, up $3 billion (0.66%). This shows that net capital inflows are in the recovery phase but are still quite slow.

1- When the market peaks, the realized value stops increasing, the capital trend changes from profit to loss.

2- During the recovery phase from the bear market, HODL determines the market bottom and capital flows steadily into Bitcoin.

3- When the market is strong, bottom buyers tend to sell at the top.

Since August, net capital inflows have reached $461 billion, showing a recovery but not significant. The profits of HODL and top buyers (STH) are at the same level. A strong Bitcoin movement is needed in the next 30 days to improve the liquidity situation.