💥ON CHAIN RESET: $NOM
Short-term holders just capitulated hard. $ENSO
Between Thu–Fri, heavy loss-selling pushed the STH cost basis down from $98K → $96.3K now the key level price needs to reclaim.
We’ve seen this before: $ZKC
• $92K–$82K zone → STH capitulation
• Now repeating in the $90K–$88K range
This matters because:
- STH capitulation is usually constructive.
- When short-term conviction is fully exhausted, the market resets.
Weak hands exit. Structure rebuilds. Next phase begins.