Analyst Axel Adler Jr. highlighted a composite on-chain model incorporating data such as MVRV Z-score, aSOPR, Delta LTH-STH, and ETF flow momentum.
Analyst Axel Adler Jr. has pointed to a composite on-chain model that tracks several key indicators. This model, functioning as a fast oscillator to visualize overbought and oversold periods, is currently indicating a neutral-to-accumulative phase for Bitcoin (BTC).
The indicator, which combines data points like MVRV Z-score, aSOPR, Delta LTH-STH, and ETF flow momentum, is placing Bitcoin at 0.41 — 41% below the overbought threshold.
Adler, a verified author with CryptoQuant, provides free daily macro and on-chain research, offering traders the timing of market bottoms and tops using internal blockchain metrics.
Also highlighting a key metric, CryptoQuant reports that BTC’s realized capitalization has now risen above $906 billion.
This capitalization, which considers the last transaction price of each coin to calculate the total value, is a measure of the capital that has been realized within the Bitcoin network. As the realized cap rises, it signals sustained capital inflow and long-term holding behavior due to the lack of selling pressure.
“If this trend of increasing Realized Capitalization continues, Bitcoin is very likely to surpass its all-time high in the near future,” the CryptoQuant team added.
The post Bitcoin Momentum Strengthens Amid Macro Accumulation Signals appeared first on TokenPulse.
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