🚀 $BTC just shy of $109K ATH

🌐 But here's the on-chain kicker:

💡 STH P/L Ratio = 9.0+

✅ 90%+ of short-term holders in profit

⚠️ Historically = local top risk if new demand cools

📢 Bullish for now… but don’t ignore the signals.

#Bitcoin #CryptoMarkets #OnChainData #TechnicalAnalysis