By Ethan Bitcoin has climbed nearly 18% in the past month, moving from $83,000 to $111,000. Analysts are watching for signs of overheating, with Bitcoin’s Price Temperature (BPT) at 2.67—just below historical peak levels. Other key metrics, including MVRV and NUPL, suggest the market remains healthy and not yet in a danger zone. The Pi […]
Tag: MVRV
By coinspy Over 3,090 BTC, valued at roughly $325 million, were withdrawn from Binance in a single day, highlighting robust accumulation. The MVRV ratio stands at 2.33, below the historical profit-taking threshold, suggesting Bitcoin is not yet overextended. Open Interest in derivatives has jumped 8.32% to $34.87 billion, indicating traders are positioning for increased volatility. […]
By coinspy Cardano (ADA) is experiencing a surge in optimism, with both retail and institutional sentiment turning bullish. Technical analysis highlights an inverse head-and-shoulders pattern, with a crucial resistance at $0.7477. Despite a recent price dip, ADA remains above key support levels, suggesting underlying strength. Liquidity clusters and leveraged positions near $0.70 are creating a […]