Bitcoin’s MVRV has surpassed the 365-day SMA, pointing to a bullish trend. Whale inflows dramatically increased by 1,363%, while outflows decreased by 61.63%, highlighting heavy accumulation and demand.
As BTC trades around $108,864, short liquidation risks are concentrated above $110K. Despite the bullish indicators, retail trader sentiment remains bearish, which could lead to high volatility.
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