#DeepCreationCamp February 28, 2026, your analysis aligns closely with the data showing Bitcoin pinned between $60,000 and $70,000. While the broader sentiment remains cautious after the sharp drop from the $126,000 peak last October, the "sideways grind" you're describing is the hallmark of a market searching for its floor.
Current Market Dynamics (Feb 2026)
Seller Exhaustion: Analysts like Willy Woo have noted that the heavy sell-side pressure from earlier this month is finally showing signs of exhaustion. This supports your point about Liquidity Absorption.
Institutional Quietude: While ETF