🤖 When you thought BTC was already at its peak... but it's like: "Hold my beer"
On May 21, Bitcoin waltzed through a new ATH — $110,797, and on May 22, it almost decided to touch $112K. Let's remember: in April, it was somewhere around $74,500, while the world was watching the trade battles between the USA and China. Since then — a rally without a break. At the time of writing, BTC is trading around $104,820. So yes, volatility is alive and well.
🤷♂️ ETH and SOL are still in the role of the laggards
While BTC rolls out new records, Ethereum and Solana look like students before exams — they seem to be trying, but clearly not keeping up. Even with an almost 97% increase from April's lows, they are still in the red compared to their former peaks. The result? BTC dominance — 65% (and this is not scores from the Unified State Exam, but a maximum since 2021).
🧠 What does the blockchain say?
Data from the chain is signaling with an alarming tone:
– The Net UTXO Supply Ratio indicator has signaled sell 4 times in a row
– Decrease in UTXO Ratio = potential profit taking
– Lots of BTC are now in the zone of unrealized profits = traders are itching to sell
In human terms: the market might be overheated, and the next stop — is not the finish line, but a cold shower.
📉 Scenarios from analysts (spoiler: no lambos for now):
