Daily Bitcoin analysis focused on market structure, liquidity flows, and macro signals. Adler AM is updated 5× per week - clear insights, no noise.
Bitcoin realized price map reveals three key levels: ETF resistance at $80K, whale decision zone at $68K, and deep structural support at $47K.
Bitcoin Net Realized PnL hits cycle lows while Supply Active 30D Change compresses. Selling exhaustion signal - watch for PnL 7DMA reversal.
USDC+USDT exchange inflow fell to 0.68x annual norm. Market cap reversed from -$8.1B to +$4.5B. Watch for 30DMA to cross $4.05B as the bull trigger.
Bitcoin MVRV Z-Score dropped 74% from its October peak. aSOPR below 1.0 for 55 days straight. Overheating is gone - sellers aren't done yet.
Bitcoin Integrated Market Index reaches 96 - a 30-day high - as taker flow reversal ends 178 hours of Bear Regime. Price trades at $3,453 premium above Fair Value.
🎧 Morning Brief #125- audio debate on today’s market setup Morning Brief 1250:00/404.3493881× The last active selling pressure signal from the Sell-side Risk Ratio was recorded in
Bitcoin LTH Realized Supply at 8.05M BTC, Z-Score 2.66, down 5.5% from peak. Cycle comparison with C2016 and C2020 - key signals for March 2026.
Bitcoin Net Taker Volume SMA-7D reversed from -1.66 to +0.18 in under two weeks - buyers dominate for 3 days straight. Yet funding rates closed negative 23 of last 30 days. Reversal or trap?
BTC trades 24% below STH realized price ($88.9K) while LTH cost basis holds at $52.9K. On-chain redistribution structure, key levels and triggers.
STH SOPR below 1.0 for 7 of 8 days signals sustained loss realization. Cohort cost basis at ~$89K vs. market price ~$67K - key supply zone to watch.
An anomalous BTC outflow was recorded this week: -31,900 BTC in a single day, which historically corresponds to large-scale accumulation. At the same time, stablecoin netflow turned negative - liquidity began leaving exchanges alongside BTC.
The structural and regime indicators have moved into positive territory in sync for the first time in three months. The only remaining drag - the funding rate - is still negative.
