Final analyst's take based on the last 7 hours of data: We are witnessing a classic economic scenario of immense demand colliding with rapidly shrinking supply, coiling the market like a spring for a potentially explosive move. 💥 On the demand side, the narrative is crystal clear: billions of dollars in institutional capital are flooding the market through spot ETFs, creating a persistent and powerful buying force. On the supply side, the situation is equally stark, with on-exchange Bitcoin reserves hitting a six-year low, effectively creating a supply shock. 📊 This fundamental tension between massive, consistent inflows and dwindling available liquidity is the single most important dynamic at play right now. While the broader macroeconomic environment, with expectations of future Fed rate cuts, provides a supportive backdrop for risk assets, the immediate market structure is primed for extreme volatility. Every significant buy order now has to fight for a smaller and smaller pool of available BTC, creating immense upward pressure. Monitor on-chain supply metrics with extreme prejudice; they are the key to anticipating the market's next major leg. 🧐#BinanceHODLerPROVE #PowellRemarks #BinanceHODLerTURTLE #CPIWatch $ETH

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