Bitcoin stays in its bull run after closing above that 365-day moving average last week, yet the on-chain vibes are signaling some slowdown rn. CryptoQuant dropped a note showing several indicators flashing higher selling pressure and softer demand vibes.
Our Bull Score Holding Strong at 90 Despite the Chill 🌙
Even with those worries, the Bitcoin Bull Score Index is sitting pretty at 90, proving most signals still back a bullish setup 🖤. BTC hit roughly 87400 recently, its peak in eight months, before dipping back toward the low 83000 area.
Profit Taking Creeping Up for Real 💀
Short-term holders got their unrealized profit margin up to 33 percent, the highest since December 2024, and those levels usually hint at some cashing out ahead. Realized gains already popped with holders securing about 25700 BTC in profits on September 22, marking the biggest single-day figure all year.
Altcoin Selling Waves Getting Louder 🕸️
Beyond Bitcoin, seven-day cumulative altcoin exchange inflows hit 76000 transactions from around 51000 depositors, the highest since October 17, 2025. Spot demand dropped roughly 170000 BTC over the past 30 days while futures demand cooled from about 164000 BTC down to just 16000 BTC lately.
Key Support Lines Still Standing Firm 🦇
Bitcoin holds above solid on-chain floors though, with the 365-day moving average near 80000 and the 200-day one around 71000, plus trader-realized price at roughly 67000 as another line to watch. A dip toward those could just mean some consolidation without full reversal if they hold. Still, weakening demand paired with rising profit-taking might nudge the risk of a deeper pullback soon 🔮.
Market Feels Bullish but a Bit Tired Lmao 🌹
Overall the scene stays bullish yet shows clear fatigue signs, and the real test comes if fresh buying demand steps up to soak the sells or if price drifts closer to those supports.
Just another echo from the void by iconofsin.eth 💖
