Bitcoin’s MVRV Ratio of 1.74 suggests a potential consolidation phase. This is coupled with 88% of Bitcoin holders being in profit, especially among those who purchased in the 95,000 USD–100,000 USD price bracket.
The BTC Realized Profit/Loss Ratio above 1.0 indicates increasing profit-taking. BTC is currently priced at 94,310 USD, down 1.3% in the last 24 hours, with market focus shifting toward the upcoming Federal Reserve announcement.
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