๐ X Crypto Daily | 2026-06-09
๐ BTC Price: 63,402 | 24h +0.82%
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ Macro Indicators (All Signals at Bottom)
โข Fear & Greed Index: 8 (Extreme Fear) โ Previous Value 12
โข MVRV: 0.81 (<1=Undervalued Zone)
โข BSS 30d: 0.1 (<0.3=Bottom Zone, Sharpe -7.23)
โข RSI(14): 14.8 (Oversold)
โข BTC Dominance: 56.03%
โข 30-day Volatility: 39.24% | Return: -23.33%
๐ฅ Top 5 Insights from the Blogger
1โฃ : 78k-80k is in play, bullish on continued rise. Altcoins should start outperforming during the next rally.
2โฃ ๏ผThe BTC supply profit ratio has hit historicalๅบ้จ levels (2012 47.7% / 2014 42.2% / 2019 40.2% / 2022 47%), and current data looks similar. It's been 8 months since BTC broke through 126k, and we might need to endure another 3 months of sideways action.
3โฃ ๏ผStrategy to buy another 1,550 BTC ($101 million), bringing total holdings to 845,256 BTC.
4โฃ ๏ผThis current allocation phase feels like a massive handover. The average cost basis for BTC investors is shifting. BTC is currently being driven by futuresโopen interest is rising, but on-chain demand remains weak.
5โฃ ๏ผDuring the 2022 bear market's second bottom, the median MVRV was at its lowest at 0.966 (price 18k). Currently, this wave has dropped to 0.965 (price 59k), indicating that the metric has reached historicalๅบ้จ extremes.
๐ก Comprehensive analysis
Fear index 8, MVRV 0.81, RSI 14.8, BSS 0.1โthese four key indicators are simultaneously signaling aๅบ้จ, which is rare in recent years. On-chain data shows that the median MVRV for BTC has dropped to levels comparable to the 18kๅบ้จ in 2022, and the supply profit ratio has also returned to historicalๅบ้จ ranges. While futures open interest is rising, on-chain demand is weak, indicating that the current upward momentum relies on leverage rather than fresh capital. The Strategy to increase holdings by 1,550 BTC reflects institutional confidence, but we must be cautious of liquidation risks from leveraged positions in the short term. Extreme fear often acts as a contrarian indicator, and while the mid-term value proposition stands out, we need to wait for on-chain demand to warm up to confirm theๅบ้จ.