Around the Block | 19
Macro price action, on-chain data, and market structure. No noise.
May 25, 2026 | By William Sanchez Jr., Founder of A.W. Block
The 34 EMA held the line. Two weeks ago I flagged the weekly 34 EMA at $83,302 as the operative decision; the average rejected on first contact and Bitcoin has unwound the entire prior week’s expansion. The measured-move target was reached, met overhead supply, and turned. Price now sits at $76,662 inside the polarity zone that defined the breakout. The question is no longer whether the recovery can extend. It is whether the polarity holds on its second test.
None of this is financial advice.
Don’t trust, verify.
Let’s dive in.
