Analyst Darkfost pointed out that the MVRV indicator for short-term Bitcoin holders has risen to its highest level since November 2025, with a current MVRV ratio of 1.15 and an average profit of 15% for short-term holders.
Bitget has opened BTC withdrawals, and out of a total of 5500 BTC protected funds, 2042.28 (approximately $169 million) have been transferred to the hot wallet, leaving 3457.72 on the chain. Bitget has promised to increase the fund size to $300 million within a week. (Auntie Ai)
[CryptoQuant Analyst: Crypto Market Sentiment Turns Greedy, Bitcoin Dominance Declines]
CryptoQuant analyst nocoffeenobrain stated that the crypto market Fear and Greed Index has risen from 30 in August to 74, while Bitcoin's market dominance has dropped to 53.8%. Historical data indicates that when the sentiment index rises and Bitcoin's dominance declines, market capital and momentum tend to spread beyond Bitcoin, with broader crypto assets participating in this round of movement.