Bitcoin’s SOPR peaked at 1.03, now slightly above 1.01. A sustained stay above this level may indicate continued upward movement, whereas a drop below could hint at price declines and consolidation.
BTC Dominance is currently around 61.20% with significant outflows from Bitcoin ETFs suggesting a shift in investor focus to altcoins. Overbought conditions in the Stochastic RSI imply a potential correction, impacting BTC’s market dynamics.