$BTC’s MVRV ratio is sitting at 2.13… basically right under the SMA365 line at 2.14
Historically when we get a clean weekly close above that level, it’s been a pretty solid signal for mid-term bullish reversals
But we’re not there yet — we need that weekly confirmation to really lock it in
If we don’t reclaim it soon, there’s a real risk of sellers stepping back in and dragging the momentum down
Also,m speculation’s heating up big time — Open Interest on Bitcoin futures is up 20% over the last 20 days… we’re now over $26 billion
Leverage is creeping higher too — meaning people are taking bigger bets with borrowed money
That usually means more explosive moves either way… but it also sets up the market for sudden liquidation cascades if the vibe shifts - Gotta stay sharp.
On the chart side:
• $BTC broke out of that falling wedge, which is bullish in theory
• but right now it’s pulling back a little, sitting around $94,036
• Sellers are holding the $95,783 zone like their life depends on it lol
• We need a strong daily close above that resistance to keep the bullish momentum alive
If not… we could see a move back down toward $83,462 where buyers previously showed up strong
Bottom line
This weekly close is huge
Could be the start of a bigger recovery… or it could open the door for a deeper dip
So now Let’s see how this plays out — staying patient and watching key levels carefully
#BinanceHODLerSIGN #BinanceAlphaAlert #MarketRebound #BTCvsMarkets #TariffPause