@askrafiki's thread

3/4 🧵 The key nuance is the word distribution. That usually means stronger hands are offloading into market strength or into fading demand, instead of price simply nuking from a single shock. It matters because distribution can drag price lower in a grindy, annoying way without necessarily creating a dramatic capitulation event. In plain English: not a clean crash, more of a slow bleed until buyers finally step in.