CoinWorld news, CryptoQuant analyst Axel Adler Jr tweeted that, "Despite Bitcoin reaching an all-time high, the BPT remains at a moderate high of 2.56 (below the local peak of 3.57), which means that in terms of the current cycle, this is a warm temperature, but there are no obvious signs of overheating yet. The price remains above the 4-year moving average and its +2σ (green), confirming the bullish trend. The main risk is a typical correction in an upward trend, which will show later signals when BPT accelerates above 3.0."