Bitcoin’s (CRYPTO: BTC) breakout remains structurally strong and well-supported, though Glassnode data indicates the market is transitioning into a more mature phase.
What Happened: According to Glassnode, rising leverage and measured profit-taking could inject near-term fragility, even as the broader uptrend remains fundamentally strong.
Bitcoin’s rally across spot and futures markets is being fuelled by over $2.2 billion in ETF inflows, one of the strongest surges since April, alongside rising spot volumes and renewed institutional demand.
However, leverage has …