Selling pressure is fading quietly.

> whale flows dropping below $3B.
> coins not moving to exchanges.
> LTHs buying into weakness.
> leverage stable, no forced unwind.
This isn’t aggressive demand yet.
It’s supply stepping away from the market.
That’s the first phase of a turn.
Price doesn’t need buyers to rally.
It just needs fewer sellers.
And right now, that condition is starting to show.