BTC at $109K — But Is Momentum Fading?
📉 Market Overview: Bitcoin is holding above $109,000 and Ethereum is trading at $3,800. However, Glassnode data shows signs of demand exhaustion.
📌 Key Metrics:
BTC dominance: 52.1%
ETH gas fees remain elevated
Stablecoin inflows slowing
🧠 Insight: While price action is bullish, on-chain data suggests caution. Is this a healthy consolidation or a warning sign?
BTC
78,583.04
+4.32%
ETH
2,323.77
+6.24%
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