Bitcoin Corrects, but the Cycle Top Isn’t Here Yet: Metrics Reveal Why

TLDR: Bitcoin corrects but on-chain metrics show network strength and accumulation from long-term holders. NVT and MVRV remain below cycle top thresholds, signaling market has not reached overheating phase. Miner reserves remain stable, contrasting heavy sell-offs seen during past Bitcoin market peaks. Short-term technicals highlight resistance at $111.5K and support at $107.2K, shaping near-term market [...]

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