Bitcoin is consolidating around retail participation

Better questions beat louder opinions when regimes shift.
When books are thin, narratives look stronger than they are.
Against the backdrop of “What Is RLUSD? Ripple’s Stablecoin Backing and Redemption Explained” and “SEC Charges BG Wealth and DSJ Exchange Over Alleged $130M Crypto Scheme”, positioning still matters more than slogans.
Markets rarely move for a single reason.
Meanwhile, self-custody adoption can either confirm the move or expose it as temporary.
Improvements in spot ETFs without confirmation from sanctions screening tend to fade faster.
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