BTC dropping to the 'True Market Mean Price' often signals a major clearing of speculative bubbles. The result of this bubble-clearing makes the market's next move—bullish or bearish—more like Schrödinger's cat. What we can expect for now: a period of consolidation + a potential decent rebound. Note: True Market Mean Price (TMMP) is an on-chain Bitcoin metric primarily used to assess the average buying cost of active market participants. By excluding Bitcoin produced by miners (i.e., ignoring the impact of mining activity), it focuses on Bitcoin that is actually traded and circulated in the secondary market. This helps identify whether the market is in an 'overvalued' state (price far above TMMP, indicating a speculative bubble) or an 'undervalued' state (price below TMMP, signaling a potential buying opportunity).