ALADDIN 🟣🔮
@aladdin-x8.eth
🚨 #Bitcoin at $111K – Are We Near the Top? 🧵 Bitcoin just surged to $111,000, marking its third all-time high this cycle! 📈 But are we in a blow-off top… or still early? Let’s break it down 👇 📊 Macro Context BTC is up +656% since 2022 lows 🚀 Growth aligns with past cycles despite $2T+ market cap Still room for upside 📈 💰 Profit Taking Rising Many investors are now selling at a ~16% average gain Profits taken are increasing, but no mass exit yet 🔁 Still healthy consolidation signs 🤝 🏦 Exchange Activity Heating Up Around 1 in 3 BTC transactions now involve centralized exchanges 🔥 Profitable trades averaging +9.3K, while losses = -780$ per coin Momentum is strong, but risk of cooling off remains 🧊 📈 Derivatives Go Vertical Futures open interest is at $55.6B, rising fast 📊 Options at record highs with $46.2B OI 🎯 Market is heavily leveraged = volatility risk ⚠️
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ALADDIN 🟣🔮
@aladdin-x8.eth
💼 Spot Buying Still Strong Institutional demand continues 💼 ETFs pulling hundreds of millions daily 💸 Consistent inflows keeping pressure upward 📌 Key Levels to Watch Short-term holder average price: ~$96K First top range: ~$119K (macro resistance) 🔺 Extreme top zone: ~$135K+ 🚨 🧠 Summary This market is hot, but not overheated 🔥 We're in the early euphoria phase — bullish, but cautious. Major resistance at $119K-$135K could trigger big moves. Stay focused. Stay smart.
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