Here's your summary from Bitcoin's Coiled Spring with Checkmate (https://www.youtube.com/watch?v=oNADaVHmcZY) on the What Bitcoin Did channel:

### TLDR:

Bitcoin's market is currently in a stable sideways trend despite recent volatility, with onchain data reflecting investor behavior.

### Key Points:

1. Bitcoin market characterized by volatility during euphoric bull phases and at the start of bear markets, but currently in a stable, quiet, and trending pattern.

2. Despite recent sell-offs, Bitcoin has not experienced a significant correction, indicating strong market resilience.

3. Onchain data reflects investor behavior driving the market, with a focus on understanding what Bitcoiners are doing on the network.

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