🚨 “Cooldown or Breakout? Bitcoin’s Futures Market Is Resetting”
Bitcoin trades near $118K–119K, and recent data shows:
📉 Futures volume is cooling, moving into grey/green zones—indicating reduced leverage and speculative behavior.
🧠 MVRV ratio at ~2.2, converging on its 365-day MA—a historical precursor to rallies.
📉 Bollinger Bands tightening + neutral RSI hint at compression before expansion, with key resistance near $119K–$120K.
Insight: These shifts suggest a move from speculation to organic demand, possibly laying groundwork for a breakout toward $123K+—provided macro sentiment stays supportive.
⚠️ Not financial advice. Always DYOR.
