• Saylor Fear Replaces Real Catalysts: A symbolic 32 BTC sale by Strategy became the market’s villain, masking a deeper, year-long rotation of liquidity from crypto into stocks, IPOs, and tokenized equities.
• Funding Rates Say “Not Yet”: Positive funding across Bitcoin and Ethereum means longs still pay shorts — a condition that has historically never marked a durable bottom until it flips negative.
• Capitulation Signals Are Building: Sentiment at 0.71, five weeks of ETF outflows, and whales offloading 21,881 BTC point toward a possible relief rally once selling finally exhausts near $60k.

The first week of June 2026 saw crypto dump hard, with Bitcoin grinding toward the $60k support as relief rallies fail one after another….