📈 Bitcoin RHODL Ratio Hits Cycle High

On July 9, Glassnode reported the #RHODL ratio is rising and just reached its highest level this cycle.

📌 This signals:

– Market structure is shifting

– Wealth is moving to long-term holders

– Speculative hype may be cooling

🔍 RHODL = a metric comparing short- vs long-term BTC holders, often marking cycle turning points.

#Bitcoin #OnChainData