UTXO metrics flashing a 'buy signal' again? Bitcoin at $100,000 is on the verge of danger, and the key to short-term movements lies in this point!
The 'Advanced Net UTXO Supply Ratio' of $BTC surged to a local high of 0.96 on June 11, then plummeted directly to 0.806 within 48 hours. If this value continues to drop below 0.80 and stabilizes, it will be an old-school 'bottom-fishing signal' on-chain — historically, it has accurately indicated buying points multiple times.
In the short term, Bitcoin may build a small rebound platform in the range of $102K–$105K. But don't be careless; if this UTXO ratio continues to decline and the price cannot withstand the pressure, breaking below the $100,000 mark, a new wave of selling pressure may rise.
On-chain indicators have quietly begun to suggest 'it's getting cheaper,' but once the price cannot hold the psychological level, there may first be a wave of shakeout, so stay alert.