INSIGHTS:
Grayscale argues Bitcoin isn’t following the old script anymore.
No parabolic excess.
New market plumbing via ETPs.
A macro backdrop that refuses to turn bearish.
The implication is clear:
Not to a top, but toward higher levels into 2026. $BTC
BTCUSDT
Perp
88,446.7
-1.71%
ETHUSDT
Perp
3,081.06
-0.63%
BNBUSDT
Perp
881.82
-1.23%