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
69,440.63
-1.48%
ETH
2,096.48
+1.70%
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