With Bitcoin floating just above the $102,000 benchmark, on-chain and market indicators are painting a complicated picture of sentiment, momentum, and capital flow. And despite the cryptocurrency’s current nosebleed price, certain data trends are starting to hint that its ongoing rally may be hitting some short-term air resistance. As for the institutional demand side of the equation — which has, for the most part, brought us to this point — it remains robust. And especially with spot ETFs. But what’s most intriguing about this analysis is what we’re seeing with the dominance shifts and long-term holder behavior. Bitcoin continues to
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