Data-driven insights into Bitcoin’s market structure, flows, and macro drivers. Updated 5× per week.
Synchronous growth of price and OI strengthens the uptrend, but sustainability depends on fresh demand for longs. TL;DR The market has entered a phase of managed growth: price and
Price has consolidated in the upper half of the range and hit resistance. TL;DR The market has shifted in favor of bulls: spot buyers are buying the dips, and
Short-term holders are selling at breakeven, the market is frozen in range, and the political deadlock in Congress threatens a spike in volatility. TL;DR Bitcoin is in consolidation mode:
Gold sets new record on soft Fed expectations and weak dollar, bitcoin holds Cost Basis of short-term holders and battles nearby resistance levels. TL;DR Gold reached new records amid
Liquidity supports BTC, inflows remain steady, and LTH are not hindering growth yet. TL;DR Bullish backdrop: liquidity and on-chain inflows support a pull toward fair value with increased overheating
Fear & Greed 30DMA = 49.4%, index itself in Fear, Fear & Greed 90DMA = 61.6% still above median but turning down. MVRV Z-Score (365D) = −0.3 - no overheating,
With a Futures - Spot basis = 0.43%, Bitcoin is sustained by spot demand rather than leverage. TL;DR Low derivative "temperature" (basis = 0.43%, pressure = 10) keeps
