Bitcoin metric shows ‘euphoria’ as $112.5K BTC price squeezes new buyers

Bitcoin short-term holders struggled to seal profits in recent days while overall supply ownership flashed a classic bull-market top warning.

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💡 DMK Insight

The struggles of short-term Bitcoin holders to secure profits, coupled with the warning signs of a bull-market top, suggest a potential shift in market sentiment. This highlights the growing caution among investors, who may be weighing the risks of a correction against the backdrop of previous cycles. As profit-taking becomes more prevalent, it could reshape the dynamics of supply and demand, prompting a reevaluation of bullish positions in the near term.