Let's continue with the lesson of optimism and understand why there is still enough fuel for fireworks 👇

CBBI at 78 - We are in the "explosion preparation" zone 🚀

We are no longer in the maximum opportunity zone (score 0–25), but we have not yet reached the final euphoria (90–100).

Historically, from here the market has had room to rise for a few good months before the peak of the cycle. 📈

What is CBBI?

Composite Bitcoin Bull Run Index = a score (0–100) made up of 9 on-chain & technical indicators.

It measures whether the BTC market is close to the top or bottom, based on previous cycles (2013, 2017, 2021).

What does CBBI contain? (very briefly)

1️⃣ Pi Cycle Top - moving averages that detect major tops.

2️⃣ RUPL/NUPL - how much unrealized profit is in the market.

3️⃣ RHODL Ratio - the behavior of old vs new holders.

4️⃣ Puell Multiple - miner revenues (selling pressure).

5️⃣ 2Y Moving Average - how high we are compared to the 2-year average.

6️⃣ Trolololo Trend Line - long-term logarithmic trend.

7️⃣ MVRV Z-Score - market valuation vs realized value.

8️⃣ Reserve Risk - risk/reward ratio for holders.

9️⃣ Top Cap vs CVDD - on-chain valuation models.

What does 78 mean now?

➢ More indicators are already up (Puell 100%, RUPL 86%, MVRV 86%).

➢ Others show that there is still room for growth (Pi Cycle 58%, Trolololo 61%).

➢ Historically, this mix has preceded either the last rise to the top or a short correction followed by the final explosion.

The likely scenario 👇

➢ The next few months may bring strong increases, possibly even the last ones of the cycle.

➢ Risk is gradually increasing, but the market still has fuel.

➢ Perfect period for a clear profit-taking strategy as the score rises towards 90–100.

Conclusion

CBBI at 78 = attention and planning, not panic.

The bull market is not over, but we are already in the "hot" part of the race. 🏁

📌 We are watching the score - above 90 we enter the zone of total euphoria.

The indicator can be seen here: https://t.co/5kHsqN8cRb

What do you think? Have we had the top or is the best yet to come? 👇