The encrypted market sentiment is extremely bullish right now. Bitcoin has strongly broken through the $81,000 mark, while Ethereum has also risen above $2,600, indicating strong spot buying demand. Institutional research reports suggest that the current rally is genuine and that overall leverage levels have not yet become overheated, but there are signs on-chain that large holders have started taking profits at high levels. In the next few hours, investors should closely watch whether Bitcoin can hold above $81,000 and whether resistance at the 50-week moving average is confirmed.