🔥 Bitcoin Still Has Room to Run — But Watch This Key Metric Closely 🔥
Every time Bitcoin experiences a strong price acceleration, it rapidly shifts coins from loss to profit — and that’s when the UTXO Profit-to-Loss Ratio (30-day SMA) starts spiking.
📈 What You Need to Know:
When this metric jumps above 200, it often signals the market is entering overheating or distribution territory.
Today’s reading? Just 99.
👉 That means no overheating yet — the market still has room for new highs.
🚀 But Here’s the Catch:
The "easy fuel" that drives this metric (coins moving from loss to profit) is almost burned out.
We’ll need a much stronger impulse or bigger price swings to push this ratio higher.
The next major move? Could be the third compression of this cycle — the spring that launches us into the overheating zone.
⚠️ TL;DR:
🔹 Current UTXO P/L Ratio = 99 (Safe Zone)
🔹 Overheating = Above 200
🔹 Fuel is running low — expect the next wave to come from strong price volatility
👉 Keep your eyes on this metric — it might be the early warning before Bitcoin’s next euphoric breakout (or blow-off top).
