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🚨 BITCOIN WARNING: $74,500 IN FOCUS? 📉 According to CryptoQuant, $BTC could drop toward $74,500 if the current drawdown follows the historical bull-market average. ⚠️ Watch key support levels and market liquidity before entering any trade. Volatility remains high! #Bitcoin #BTC #CryptoQuant #CryptoMarket
🚨 BITCOIN WARNING: $74,500 IN FOCUS? 📉

According to CryptoQuant, $BTC could drop toward $74,500 if the current drawdown follows the historical bull-market average.

⚠️ Watch key support levels and market liquidity before entering any trade. Volatility remains high!

#Bitcoin #BTC #CryptoQuant #CryptoMarket
Holding $BTC 191.9 USDT
₿ $3.3 billion in BTC left Binance: Will Bitcoin rise? According to CryptoQuant, from September 20 to early October, Bitcoin reserves on Binance fell by approximately 40,000 BTC — around $3.3 billion over 15 days. 📉 What could this mean? ▪️ Investors are moving coins to their own wallets for long-term storage. ▪️ Coins are being moved to other storage platforms or trading venues. ▪️ Some of the outflow may be related to internal exchange transfers. ⚠️ An outflow of $BTC does not guarantee a price increase. To assess the situation, it’s important to monitor market demand, fund flows into Bitcoin exchange-traded funds, and price action. My conclusion: this is an important signal to watch, but not proof that large investors are accumulating $BTC . If you’re buying in installments, it’s worth considering several indicators rather than just one. 🔎 What should you watch next? Whether BTC reserves on Binance continue to decline. Whether demand for Bitcoin is increasing in the spot market, where coins are bought and sold directly. Whether funds are flowing into Bitcoin-based exchange-traded funds or, conversely, being withdrawn from them. Whether Bitcoin’s price is holding key levels. In your opinion, is this accumulation of $BTC or just a change in where it’s being stored? #bitcoin #BTC #BİNANCE #CryptoQuant
₿ $3.3 billion in BTC left Binance: Will Bitcoin rise?

According to CryptoQuant, from September 20 to early October, Bitcoin reserves on Binance fell by approximately 40,000 BTC — around $3.3 billion over 15 days.

📉 What could this mean?

▪️ Investors are moving coins to their own wallets for long-term storage.
▪️ Coins are being moved to other storage platforms or trading venues.
▪️ Some of the outflow may be related to internal exchange transfers.

⚠️ An outflow of $BTC does not guarantee a price increase. To assess the situation, it’s important to monitor market demand, fund flows into Bitcoin exchange-traded funds, and price action.

My conclusion: this is an important signal to watch, but not proof that large investors are accumulating $BTC . If you’re buying in installments, it’s worth considering several indicators rather than just one.
🔎 What should you watch next?
Whether BTC reserves on Binance continue to decline.
Whether demand for Bitcoin is increasing in the spot market, where coins are bought and sold directly.
Whether funds are flowing into Bitcoin-based exchange-traded funds or, conversely, being withdrawn from them.
Whether Bitcoin’s price is holding key levels.

In your opinion, is this accumulation of $BTC or just a change in where it’s being stored?

#bitcoin #BTC #BİNANCE #CryptoQuant
📰 CryptoQuant weekly report mentioned that Bitcoin miners are moving out of the previous pressure zone. The report connects the change with the rebound after the July lows: at the time, Bitcoin briefly fell to $58,000, then rebounded by about 45%, and moved back above $83,000. 🔥 On the miners’ side, there are also several sets of fairly intuitive data. Network hashrate rose from 899 EH/s on July 31 to 962 EH/s. Daily revenue increased from $27 million to $48 million, which is 78% higher than the July low. 💡 Honestly, beyond the revenue rebound, what’s more worth paying attention to is the change in miners’ selling pressure. The report says that since August 21, miners’ profitability has shifted from “severely underpaid” to “reasonable returns,” and during this period there hasn’t been any further appearance of extreme miner outflows. Balances of large miners have also been relatively stable. 👀 This doesn’t mean miners are under no pressure from here on, but at least it suggests that the earlier situation—tight income and the possibility of more concentrated selling—has eased somewhat. Either way, whether miner balances can continue to hold steady is more indicative than looking only at the hashrate rebound. 🤔 After you think miners’ pressure has eased, what do you think is most important to watch: changes in their balances, or the network-wide hashrate? #比特币 #矿工 #CryptoQuant #on-chain data
📰 CryptoQuant weekly report mentioned that Bitcoin miners are moving out of the previous pressure zone. The report connects the change with the rebound after the July lows: at the time, Bitcoin briefly fell to $58,000, then rebounded by about 45%, and moved back above $83,000.

🔥 On the miners’ side, there are also several sets of fairly intuitive data. Network hashrate rose from 899 EH/s on July 31 to 962 EH/s. Daily revenue increased from $27 million to $48 million, which is 78% higher than the July low.

💡 Honestly, beyond the revenue rebound, what’s more worth paying attention to is the change in miners’ selling pressure. The report says that since August 21, miners’ profitability has shifted from “severely underpaid” to “reasonable returns,” and during this period there hasn’t been any further appearance of extreme miner outflows. Balances of large miners have also been relatively stable.

👀 This doesn’t mean miners are under no pressure from here on, but at least it suggests that the earlier situation—tight income and the possibility of more concentrated selling—has eased somewhat. Either way, whether miner balances can continue to hold steady is more indicative than looking only at the hashrate rebound.

🤔 After you think miners’ pressure has eased, what do you think is most important to watch: changes in their balances, or the network-wide hashrate?

#比特币 #矿工 #CryptoQuant #on-chain data
📈 Bitcoin’s Puell Multiple rises above 1.00 again Data from CryptoQuant showed that Bitcoin’s Puell Multiple rose above the 1.00 level. This development, considered important for monitoring market dynamics, points to a potential improvement in miners’ economic conditions. The indicator’s move above this level could ease financial pressure on miners. ━━━━━━━━━━━━━━ 📊 Impact: 📈 High 🏷️ BITCOIN #Bitcoin #MarketAnalysis #CryptoQuant #Mining #OnChain 📰 Source: cryptobriefing.com
📈 Bitcoin’s Puell Multiple rises above 1.00 again

Data from CryptoQuant showed that Bitcoin’s Puell Multiple rose above the 1.00 level. This development, considered important for monitoring market dynamics, points to a potential improvement in miners’ economic conditions. The indicator’s move above this level could ease financial pressure on miners.

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📊 Impact: 📈 High
🏷️ BITCOIN

#Bitcoin #MarketAnalysis #CryptoQuant #Mining #OnChain

📰 Source: cryptobriefing.com
📰 CryptoQuant analyst Darkfost noted that after excluding BTC that hasn’t moved in over 10 years, the share of BTC supply in profit has remained around 60% since August. 🔥 This is an important distinction. Coins that have been dormant for over 10 years are deeply in profit and have very low liquidity; some may even be lost. Including them may actually give a less accurate picture of the BTC currently participating in the market. 💡 Based on this data, most BTC has returned to the profit zone, but the market is still far from overheated. The analysis suggests that it wouldn’t be surprising to see consolidation around this level continue. Honestly, 60% also means many holders have a decision to make again: keep holding, take profits on positions held for nearly a year, or even accept a limited loss and exit. The key will be how supply and demand play out from here. 🤔 If you’ve held your BTC for nearly a year, would you keep holding or take some profits off the table? #BTC #CryptoQuant #链上数据 #CryptoMarket
📰 CryptoQuant analyst Darkfost noted that after excluding BTC that hasn’t moved in over 10 years, the share of BTC supply in profit has remained around 60% since August.

🔥 This is an important distinction. Coins that have been dormant for over 10 years are deeply in profit and have very low liquidity; some may even be lost. Including them may actually give a less accurate picture of the BTC currently participating in the market.

💡 Based on this data, most BTC has returned to the profit zone, but the market is still far from overheated. The analysis suggests that it wouldn’t be surprising to see consolidation around this level continue.

Honestly, 60% also means many holders have a decision to make again: keep holding, take profits on positions held for nearly a year, or even accept a limited loss and exit. The key will be how supply and demand play out from here.

🤔 If you’ve held your BTC for nearly a year, would you keep holding or take some profits off the table?

#BTC #CryptoQuant #链上数据 #CryptoMarket
📉 Bitcoin’s "Bull Result" index is approaching the peak as momentum slows Data from blockchain analytics firm CryptoQuant shows that the Bitcoin "Bull Score" metric is nearing its maximum levels. This suggests a potential slowdown in the recent bullish momentum in the market, as analysts note a decline in buying activity that pushed the coin to high levels over the past period. ━━━━━━━━━━━━━━ 📊 Impact: 📈 High 🏷️ BITCOIN #Bitcoin #MarketAnalysis #CryptoQuant #OnChainData #MarketTrends 📰 Source: coindesk.com
📉 Bitcoin’s "Bull Result" index is approaching the peak as momentum slows

Data from blockchain analytics firm CryptoQuant shows that the Bitcoin "Bull Score" metric is nearing its maximum levels. This suggests a potential slowdown in the recent bullish momentum in the market, as analysts note a decline in buying activity that pushed the coin to high levels over the past period.

━━━━━━━━━━━━━━
📊 Impact: 📈 High
🏷️ BITCOIN

#Bitcoin #MarketAnalysis #CryptoQuant #OnChainData #MarketTrends

📰 Source: coindesk.com
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Altcoin exchange deposits have surged 160% in just two weeks. CryptoQuant data suggests this massive influx of depositing addresses could signal significant selling pressure is on the way. #CryptoQuant #AltcoinInflows ‎
Altcoin exchange deposits have surged 160% in just two weeks. CryptoQuant data suggests this massive influx of depositing addresses could signal significant selling pressure is on the way.

#CryptoQuant #AltcoinInflows ‎
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Bullish
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Bull Score 90 out of 100. spot demand down about 170,000 BTC in 30 days both CryptoQuant numbers, both true the 90 jumped when $BTC {future}(BTCUSDT) broke above its 365-day moving average last week. that's a trend line, it tells you where price has been the demand side reads differently: 🔸 speculative futures demand growth: from about 164,000 BTC on Sept. 14 to 16,000 BTC on Sept. 29 🔸 recent buyers: average unrealized profit of 33%, widest since December 2024 careful with the first bullet. futures demand is still growing, just a lot slower CryptoQuant's own head of research, Julio Moreno, calls it "Still a bull market — but showing signs of fatigue" not in bitcoin right now, no bag to defend the line I'm watching is the 365-day average near $80,000 if it breaks I'll write it up here the same day, follow if that's useful #Bull #BTC #CryptoQuant
Bull Score 90 out of 100. spot demand down about 170,000 BTC in 30 days

both CryptoQuant numbers, both true

the 90 jumped when $BTC
broke above its 365-day moving average last week. that's a trend line, it tells you where price has been

the demand side reads differently:
🔸 speculative futures demand growth: from about 164,000 BTC on Sept. 14 to 16,000 BTC on Sept. 29
🔸 recent buyers: average unrealized profit of 33%, widest since December 2024

careful with the first bullet. futures demand is still growing, just a lot slower

CryptoQuant's own head of research, Julio Moreno, calls it "Still a bull market — but showing signs of fatigue"

not in bitcoin right now, no bag to defend
the line I'm watching is the 365-day average near $80,000
if it breaks I'll write it up here the same day, follow if that's useful
#Bull #BTC #CryptoQuant
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📉 $BTC 's rally is losing steam Bitcoin hit an 8-month high near $87.4K, then slipped back to ~$83.3K, even though CryptoQuant's Bull Score sits at 90/100 🔥 Here's what I'm watching: 🔹 Spot demand is down ~170K BTC over 30 days 🔹 Futures demand growth collapsed 90% in 15 days (164K → 16K BTC) 🔹 Sept 22 was the biggest profit-taking day of 2026 (25.7K BTC) 🔹 Recent buyers are up ~33% on average, the highest since Dec 2024 🔹 Altcoin deposits to exchanges hit 76K in 7 days, the most since Oct 2025 Without fresh demand, rallies struggle to extend. ⚠️ Macro watch: a key US inflation report is due today. A hot print raises rate-hike odds and pressures risk assets like $BTC . A soft one could help crypto. The trend is still bullish, but the buying behind it is fading. 💬 Are you buying this dip or waiting for confirmation? 👇 Data: CryptoQuant. Not financial advice. DYOR. #bitcoin #BTC走势分析 #CryptoQuant #BinanceSquare {future}(BTCUSDT)
📉 $BTC 's rally is losing steam
Bitcoin hit an 8-month high near $87.4K, then slipped back to ~$83.3K, even though CryptoQuant's Bull Score sits at 90/100 🔥
Here's what I'm watching:
🔹 Spot demand is down ~170K BTC over 30 days
🔹 Futures demand growth collapsed 90% in 15 days (164K → 16K BTC)
🔹 Sept 22 was the biggest profit-taking day of 2026 (25.7K BTC)
🔹 Recent buyers are up ~33% on average, the highest since Dec 2024
🔹 Altcoin deposits to exchanges hit 76K in 7 days, the most since Oct 2025
Without fresh demand, rallies struggle to extend.
⚠️ Macro watch: a key US inflation report is due today. A hot print raises rate-hike odds and pressures risk assets like $BTC . A soft one could help crypto.
The trend is still bullish, but the buying behind it is fading.
💬 Are you buying this dip or waiting for confirmation? 👇
Data: CryptoQuant. Not financial advice. DYOR.
#bitcoin #BTC走势分析 #CryptoQuant #BinanceSquare
Altcoin Sell Pressure Warning: Altcoin Deposit Amount Jumps 160% in 2 Weeks - The number of Altcoin deposits on exchanges surged 160% in just 2 weeks. - CryptoQuant detected signs of selling pressure (potential selling pressure). - The number of deposit transactions and the deposit addresses both reached the highest levels since October 2025. - This is a warning signal that investors should pay attention to take-profit moves or reducing positions. #BinanceSquare #CryptoNews #Altcoin #CryptoQuant $btc $eth #vlikevn Titanbot Source: CoinTelegraph
Altcoin Sell Pressure Warning: Altcoin Deposit Amount Jumps 160% in 2 Weeks

- The number of Altcoin deposits on exchanges surged 160% in just 2 weeks.
- CryptoQuant detected signs of selling pressure (potential selling pressure).
- The number of deposit transactions and the deposit addresses both reached the highest levels since October 2025.
- This is a warning signal that investors should pay attention to take-profit moves or reducing positions.

#BinanceSquare #CryptoNews #Altcoin #CryptoQuant

$btc $eth

#vlikevn Titanbot

Source: CoinTelegraph
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CryptoQuant's Bull Score Index for $BTC sits at 90 out of 100. That number alone would make you think this rally has room to run. Meanwhile, traders locked in 25,700 BTC of profit on Sept 22, the largest single-day realization this year, and recent buyers are sitting on 33% average unrealized profit, the widest cushion since December 2024. Both facts are true at once, and that's exactly the problem with headline scores. The Bull Score looks backward: BTC did close above its 365-day moving average, which historically confirms a new bull phase. But two other CryptoQuant metrics look forward, and they're flashing yellow. Spot demand contracted by about 170,000 BTC over the past 30 days. Futures demand growth, the speculative fuel for fast moves, collapsed 90% in 15 days. BTC already gave back some of last week's gain, sliding from an eight-month high near $87,400 to about $83,300. That's not a crash. It's what happens when profit-taking outpaces fresh buying. CryptoQuant's own read: "Without fresh demand, rallies struggle to extend." A score of 90 tells you the structure has been bullish. It doesn't tell you who's left to buy the next leg up. If the people who bought this dip are already up 33% and start taking profit too, where does the next wave of demand come from? #Bitcoin #CryptoQuant
CryptoQuant's Bull Score Index for $BTC sits at 90 out of 100. That number alone would make you think this rally has room to run. Meanwhile, traders locked in 25,700 BTC of profit on Sept 22, the largest single-day realization this year, and recent buyers are sitting on 33% average unrealized profit, the widest cushion since December 2024.

Both facts are true at once, and that's exactly the problem with headline scores.

The Bull Score looks backward: BTC did close above its 365-day moving average, which historically confirms a new bull phase. But two other CryptoQuant metrics look forward, and they're flashing yellow. Spot demand contracted by about 170,000 BTC over the past 30 days. Futures demand growth, the speculative fuel for fast moves, collapsed 90% in 15 days.

BTC already gave back some of last week's gain, sliding from an eight-month high near $87,400 to about $83,300. That's not a crash. It's what happens when profit-taking outpaces fresh buying.

CryptoQuant's own read: "Without fresh demand, rallies struggle to extend." A score of 90 tells you the structure has been bullish. It doesn't tell you who's left to buy the next leg up.

If the people who bought this dip are already up 33% and start taking profit too, where does the next wave of demand come from?

#Bitcoin #CryptoQuant
The number of altcoins sent to exchanges increases 160% in 2 weeks: Warning of selling pressure? - Altcoin deposits to exchanges jump sharply by 160% in just 2 weeks. - CryptoQuant warns: the number of transactions and deposit addresses hits the highest level since October 2025. - Significant potential selling pressure for the market. - Investors need to closely monitor the net capital flow into/out of exchanges. #BinanceSquare #CryptoNews #Altcoin #CryptoQuant #SellingPressure $xrp xrp vlikevn Titanbot Source: CoinTelegraph
The number of altcoins sent to exchanges increases 160% in 2 weeks: Warning of selling pressure?

- Altcoin deposits to exchanges jump sharply by 160% in just 2 weeks.
- CryptoQuant warns: the number of transactions and deposit addresses hits the highest level since October 2025.
- Significant potential selling pressure for the market.
- Investors need to closely monitor the net capital flow into/out of exchanges.

#BinanceSquare #CryptoNews #Altcoin #CryptoQuant #SellingPressure

$xrp xrp

vlikevn Titanbot

Source: CoinTelegraph
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🎯 BTC spot demand evaporates 170,000 coins over 30 days 📰 CryptoQuant: One month’s spot demand drops by 170,000 BTC, while futures demand growth plunges 90% since September 14; BTC at $83.7K, 30-year U.S. Treasury yields surge to the highest level since 2002 💬 Retail is running, and leverage has also gone cold—the buy side is being propped up entirely by existing supply. Real money is exiting, which is more worth worrying about than price moving sideways 🏷️ #CryptoQuant #现货需求 #期货杠杆 #资金流向
🎯 BTC spot demand evaporates 170,000 coins over 30 days

📰 CryptoQuant: One month’s spot demand drops by 170,000 BTC, while futures demand growth plunges 90% since September 14; BTC at $83.7K, 30-year U.S. Treasury yields surge to the highest level since 2002

💬 Retail is running, and leverage has also gone cold—the buy side is being propped up entirely by existing supply. Real money is exiting, which is more worth worrying about than price moving sideways

🏷️ #CryptoQuant #现货需求 #期货杠杆 #资金流向
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CryptoQuant Bull Score at 90/100… and yet demand of $BTC seems to be faltering already. Today’s paradox (CryptoQuant report dated 29/09, reposted by CoinDesk / crypto.news on 30/09): the on-chain regime remains “extremely bullish” after the reclaim of the 365-day MA, but the buyers who pushed the high near 87.4k are stepping back. FACTS • Bull Score Index: 90/100 • Apparent spot demand: about −170,000 BTC over 30 days • Growth in speculative futures demand: from ~164k to ~16k BTC in 15 days (about −90%) • Altcoin deposits on CEX: 76,000 tx over 7 days (highest since Oct. 2025) • Kraken spot ~83,300 $ (~07:56 UTC), far from the Kraken peak ~87,447 $ INTERPRETATION High score = bull market structure. Contracting demand = rallies are harder to sustain without fresh inflows. Julio Moreno (CryptoQuant): without new demand, the bullish extension becomes more difficult near current levels. SCENARIOS • Consolidation / downward pressure if demand stays weak below the ~85k zone • Bull remains intact as long as the 365-day MA (~80k according to CQ) holds • Soft invalidation of the exhaustion scenario: clear rebound above recent highs with spot/futures demand picking back up Are you more likely to look at the Bull Score, or at spot/futures demand, to judge whether this pullback remains healthy? $BTC #Bitcoin #CryptoQuant #OnChain
CryptoQuant Bull Score at 90/100… and yet demand of $BTC seems to be faltering already.

Today’s paradox (CryptoQuant report dated 29/09, reposted by CoinDesk / crypto.news on 30/09): the on-chain regime remains “extremely bullish” after the reclaim of the 365-day MA, but the buyers who pushed the high near 87.4k are stepping back.

FACTS
• Bull Score Index: 90/100
• Apparent spot demand: about −170,000 BTC over 30 days
• Growth in speculative futures demand: from ~164k to ~16k BTC in 15 days (about −90%)
• Altcoin deposits on CEX: 76,000 tx over 7 days (highest since Oct. 2025)
• Kraken spot ~83,300 $ (~07:56 UTC), far from the Kraken peak ~87,447 $

INTERPRETATION
High score = bull market structure. Contracting demand = rallies are harder to sustain without fresh inflows. Julio Moreno (CryptoQuant): without new demand, the bullish extension becomes more difficult near current levels.

SCENARIOS
• Consolidation / downward pressure if demand stays weak below the ~85k zone
• Bull remains intact as long as the 365-day MA (~80k according to CQ) holds
• Soft invalidation of the exhaustion scenario: clear rebound above recent highs with spot/futures demand picking back up

Are you more likely to look at the Bull Score, or at spot/futures demand, to judge whether this pullback remains healthy?

$BTC
#Bitcoin #CryptoQuant #OnChain
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Short-term $BTC margins just flashed a 21-month risk signal. CryptoQuant onchain data reveals unrealized profit margins for short-term holders have surged to levels not seen in nearly two years. Heavy paper profits often trigger sudden distribution, raising the likelihood of a near-term market cool-off. 📊 Unrealized profit margins reach a 21-month peak across short-term wallets. ⚠️ Historical patterns show high margins increase local correction risks. 📉 Traders are monitoring onchain spend metrics closely for profit-taking signals. #Write2Earn #Bitcoin #CryptoQuant #CryptoNews
Short-term $BTC margins just flashed a 21-month risk signal.

CryptoQuant onchain data reveals unrealized profit margins for short-term holders have surged to levels not seen in nearly two years. Heavy paper profits often trigger sudden distribution, raising the likelihood of a near-term market cool-off.

📊 Unrealized profit margins reach a 21-month peak across short-term wallets.
⚠️ Historical patterns show high margins increase local correction risks.
📉 Traders are monitoring onchain spend metrics closely for profit-taking signals.

#Write2Earn #Bitcoin #CryptoQuant #CryptoNews
On-chain data is calling for a callback. According to CryptoQuant, traders’ unrealized profit ratio has been pushed to 33%, the highest value since last December. Bitcoin just touched the eight-month high around 87,400. On September 22 alone, profit-taking accounted for 25,700 BTC—this is the biggest single-day sell-off this year. Altcoin deposits also surged, but demand is starting to cool. But don’t panic—Bull Score is still 90. CryptoQuant itself says this is the early stage of a bull market. Be cautious of a short-term pullback, but don’t get off the train in the medium term. $BTC #CryptoQuant
On-chain data is calling for a callback. According to CryptoQuant, traders’ unrealized profit ratio has been pushed to 33%, the highest value since last December. Bitcoin just touched the eight-month high around 87,400. On September 22 alone, profit-taking accounted for 25,700 BTC—this is the biggest single-day sell-off this year. Altcoin deposits also surged, but demand is starting to cool.

But don’t panic—Bull Score is still 90. CryptoQuant itself says this is the early stage of a bull market. Be cautious of a short-term pullback, but don’t get off the train in the medium term.

$BTC #CryptoQuant
See translation
CryptoQuant: Altcoin Inflows To Exchanges Hit Highest Level Since October 2025 #CryptoQuant says altcoin inflows to exchanges have reached their highest level since October 2025, when the crypto market was near its previous peak. At the same time, Bitcoin is moving in the opposite direction, with 34,123 BTC worth about $2.8B withdrawn from centralized exchanges over the past seven days. $GPROB $CRV $MINA
CryptoQuant: Altcoin Inflows To Exchanges Hit Highest Level Since October 2025
#CryptoQuant
says altcoin inflows to exchanges have reached their highest level since October 2025, when the crypto market was near its previous peak. At the same time, Bitcoin is moving in the opposite direction, with 34,123 BTC worth about $2.8B withdrawn from centralized exchanges over the past seven days.
$GPROB $CRV $MINA
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CryptoQuant shows an on-chain regime shift for $BTC: from early bull to full bull. According to Axel Adler Jr. (CryptoQuant), the adjusted MVRV ratio (30DMA / 365DMA) crossed above its own 365-day average on 20/08, rising from $BTC to 71,255 $. This early phase lasted 31 days (+13%). On 20/09, the ratio broke through the 1.0 baseline at 80,691 $, marking the entry into a full bull. As of 26/09, the ratio is 1.018 with the Kraken spot price near 84,160 $. FACTS • Current ratio: 1.018 (bullish structure as long as it stays above 1.0) • Full bull entry: 20/09 at ~80,691 $ • 6th early→full transition since 2012; in 4 out of 5 previous cases, price then finished above the full-bull entry level • Fear & Greed: 74 (Greed). OKX BTC funding still calm INTERPRETATION This is a structure signal, not an entry timing. It coexists with other, more cautious CryptoQuant readings (high unrealized profits). Both can be true at the same time: a bullish on-chain trend, but a market burdened with latent gains. SCENARIOS • Ratio holds above 1.0: bullish structure unchanged, even in a range below 85k • Ratio falls back below 1.0: soft invalidation of this "full bull" framework Are you following this MVRV ratio, or profit-taking, to judge the strength of the move? $BTC #Bitcoin #CryptoQuant #OnChain
CryptoQuant shows an on-chain regime shift for $BTC : from early bull to full bull.

According to Axel Adler Jr. (CryptoQuant), the adjusted MVRV ratio (30DMA / 365DMA) crossed above its own 365-day average on 20/08, rising from $BTC to 71,255 $. This early phase lasted 31 days (+13%). On 20/09, the ratio broke through the 1.0 baseline at 80,691 $, marking the entry into a full bull. As of 26/09, the ratio is 1.018 with the Kraken spot price near 84,160 $.

FACTS
• Current ratio: 1.018 (bullish structure as long as it stays above 1.0)
• Full bull entry: 20/09 at ~80,691 $
• 6th early→full transition since 2012; in 4 out of 5 previous cases, price then finished above the full-bull entry level
• Fear & Greed: 74 (Greed). OKX BTC funding still calm

INTERPRETATION
This is a structure signal, not an entry timing. It coexists with other, more cautious CryptoQuant readings (high unrealized profits). Both can be true at the same time: a bullish on-chain trend, but a market burdened with latent gains.

SCENARIOS
• Ratio holds above 1.0: bullish structure unchanged, even in a range below 85k
• Ratio falls back below 1.0: soft invalidation of this "full bull" framework

Are you following this MVRV ratio, or profit-taking, to judge the strength of the move?

$BTC
#Bitcoin #CryptoQuant #OnChain
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