Adler AM: Bitcoin Morning Brief Transistor (https://transistor.fm) https://feeds.transistor.fm/adler-am-bitcoin-morning-brief A five-day-a-week morning podcast on Bitcoin market structure, on-chain data, ETF flows, derivatives, macro risk, and key signals for active investors. Each episode turns the latest Adler AM brief into a clear, data-driven audio update. Not financial advice. © Axel Adler Jr. e6f8a04d-6862-588f-82b1-ba66e2ad80d0 yes en Tue, 12 May 2026 09:55:32 -0500 Tue, 12 May 2026 09:56:17 -0500 https://axeladlerjr.com https://img.transistorcdn.com/e-4Fo_yBo9Sv2z9dnrOi6XZjgKitoP6FSJJYwlBAzbY/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9iYWFl/ZjgzNDQ3NWIxYTli/ZmJhYjRmNmM2YTVj/OTAyMy5wbmc.jpg Adler AM: Bitcoin Morning Brief https://axeladlerjr.com episodic Axel Adler Jr. A five-day-a-week morning podcast on Bitcoin market structure, on-chain data, ETF flows, derivatives, macro risk, and key signals for active investors. Each episode turns the latest Adler AM brief into a clear, data-driven audio update. Not financial advice. A five-day-a-week morning podcast on Bitcoin market structure, on-chain data, ETF flows, derivatives, macro risk, and key signals for active investors. bitcoin, btc, crypto, market analysis, on-chain, macro, ETF flows, derivatives, investing Axel Adler Jr. No No Retail in Bitcoin Is Back in the Game: Demand Rose from -8.2% to +4.4% in 6 Weeks 167 167 Retail in Bitcoin Is Back in the Game: Demand Rose from -8.2% to +4.4% in 6 Weeks full 73b632ed-21a4-48da-ab77-1e76d53a7ecf https://axeladlerjr.com/retail-in-bitcoin-is-back-in-the-game-demand-rose-from-8-2-to-4-4-in-6-weeks/ Bitcoin retail demand momentum has turned sharply higher, but the recovery is still not fully confirmed by absolute transfer volume.

In Morning Brief #167, we break down the divergence between Retail Demand 30D Change and $0-$10K transfer volume. Retail Demand 30D Change rose from -8.2% on April 5 to +4.38% by May 12, after crossing the zero line on April 27 and peaking at +6.31% on May 6.

The problem: absolute retail transfer volume recovered only from $336M to $351M on a 30-day moving average basis, still below the earlier Q1 range of roughly $365M-$375M.

Bottom line: retail contraction has stopped, momentum has recovered, but the full return of retail capital is not yet confirmed.

]]> Bitcoin retail demand momentum has turned sharply higher, but the recovery is still not fully confirmed by absolute transfer volume.

In Morning Brief #167, we break down the divergence between Retail Demand 30D Change and $0-$10K transfer volume. Retail Demand 30D Change rose from -8.2% on April 5 to +4.38% by May 12, after crossing the zero line on April 27 and peaking at +6.31% on May 6.

The problem: absolute retail transfer volume recovered only from $336M to $351M on a 30-day moving average basis, still below the earlier Q1 range of roughly $365M-$375M.

Bottom line: retail contraction has stopped, momentum has recovered, but the full return of retail capital is not yet confirmed.

]]> Tue, 12 May 2026 05:48:44 -0500 Axel Adler Jr. Axel Adler Jr. 1180 Bitcoin retail demand momentum has turned sharply higher, but the recovery is still not fully confirmed by absolute transfer volume.

In Morning Brief #167, we break down the divergence between Retail Demand 30D Change and $0-$10K transfer volume. Retail Demand 30D Change rose from -8.2% on April 5 to +4.38% by May 12, after crossing the zero line on April 27 and peaking at +6.31% on May 6.

The problem: absolute retail transfer volume recovered only from $336M to $351M on a 30-day moving average basis, still below the earlier Q1 range of roughly $365M-$375M.

Bottom line: retail contraction has stopped, momentum has recovered, but the full return of retail capital is not yet confirmed.

]]> bitcoin, btc, crypto, market analysis, on-chain, macro, ETF flows, derivatives, investing No