Only what can move Bitcoin today (on-chain, futures, flows, macro)
Bitcoin Net Realized P/L 7DMA deepens to -$410M as STH SOPR holds below 1.0 for 9 days. Short-term capital under stress. Watch for return above neutral.
68% of BTC supply held by dolphins, whales and fish. Spending transactions at 532K vs SMA-30D 473K - network activity holds above trend.
Short-term BTC-S&P correlation broke down, but Bitcoin keeps underperforming equities. Here's what the price ratio reveals about the real risk regime.
STH Realized Price sits at $85,831 vs BTC at $66,946. YoY turned negative for first time since 2022. SOPR below 1.0 for 110+ days.
Track institutional Bitcoin demand via ETF flows, Coinbase Premium, and miner OTC balance. Signal zones, cycle examples, and a combined playbook.
LTH SOPR dropped below 1.0 in late February while net positions stay positive. Accumulation holds - but forced selling pressure is building.
Bitcoin ETF funds absorbed +63,000 BTC in 30 days. Weekly inflow pace is 2.6x the monthly average. STH holders remain underwater at -15.5K BTC/day.
Miner OTC balances sit near multi-year lows at 152K BTC, while exchange inflow 30DMA stays elevated. What this mixed signal means for Bitcoin supply pressure.
Exchange Whale Ratio spiked above its averages while the 100-1K BTC band hit 80% of inflow. Two signals point to rising large-seller pressure.
Learn what Bitcoin Exchange Reserve measures, how it is calculated, how to interpret rising and falling reserve levels, and how to use it with netflows, SOPR, and MVRV in cycle analysis
Bitcoin realized price map reveals three key levels: ETF resistance at $80K, whale decision zone at $68K, and deep structural support at $47K.
Stablecoins Exchange Inflow tracks dry powder moving onto exchanges to buy Bitcoin. Learn what the 30DMA signals, key thresholds, and how to use it as a leading demand indicator.
