Retail demand for Bitcoin has deteriorated sharply during the current price rally, with the 30-day change rate for small transactions dropping from over 17% to -3.5%. Analyst Darkfost identified this decline in activity among investors transacting between $0 and $10,000 as a sign that retail participation is fading rapidly. The reversal in the 30-day change rate highlights a significant shift in market dynamics as Bitcoin continues its upward trajectory. This data suggests that while prices are rising, smaller market participants are reducing their involvement rather than adding to positions.