Bitcoin bulls in control? – Not if THESE signals are right

Key Points

1. Bitcoin’s MVRV Ratio rebounded off its 365-day SMA, indicating potential trend continuation if support holds.

2. Net Realized Profit/Loss (NRPL) rose by 2.27%, reflecting moderate profit-taking without triggering a sell-off, typical of mid-cycle behavior.

3. BTC’s Transaction Count and Network Growth dropped to near monthly lows, raising concerns about sustained momentum if activity remains low.

4. Social Dominance for BTC spiked to 34.92%, its highest in 2025, indicating growing market attention but also potential speculative risks.

5. BTC’s price structure remains healthy with support from 9-day and 21-day EMAs, but RSI at 55 suggests fragile momentum; a breakout above $110K and RSI past 60 is needed for fresh bullish momentum.