Markets· ★★★· neutral·

CryptoQuant: Bitcoin in early bull phase but overheating signals emerge

  • —Bitcoin Bull Score stands at 90 out of 100, the highest since December 2024
  • —Traders' unrealized profit margin reached 33%, a December 2024 high
  • —25,700 BTC in profit was realized on September 22, a 2026 single-day record
  • —30-day spot demand fell to minus 170,000 BTC; futures demand dropped from 164,000 to 16,000 BTC
Why it matters: The key test is whether support at $80,000, $71,000 and $67,000 holds, which would signal a healthy consolidation rather than a trend reversal.
Source: Digital Today