#UTXO

$BTC After a local peak of 0.96 on June 11, the Advanced Net UTXO Supply Ratio fell to about 0.806 over the next 48 hours. If the Ratio corrects below 0.80 on the daily chart and holds there, that's a classic "buy signal."

A base for a new micro-rally could form around $102-$105K. If the Ratio keeps falling and $BTC price breaks below 100k, selling pressure is likely to intensify again.