Been reading some takes from derivatives traders lately, and there's this interesting debate going on about whether we've actually seen real capitulation in Bitcoin yet. Like, everyone talks about capitulation as this sign of a bottom, but apparently some experts aren't convinced we've hit that point. The sentiment data and liquidation patterns don't quite match what you'd expect from a true capitulation event. Makes you wonder if there's still more downside before we see genuine panic selling. Curious what others are seeing in the data - does it feel like we're in true capitulation mode to you, or just another dip?

BTC0.48%
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