What I learned today from the discussion today

- SH Supply: Short-term holders are in profit and have ~2M coins in profit

- SH MVRV: This profit is only +14% (historically very low)

- SH NUPL: They are not realizing profits by any significant amount and instead wait for higher prices

- Funding Rate: Futures market is very cool and the funding rate is at historically low values, indicating no overheating

- ETF Flows: Lastly, the ETFs have been buying relentlessly, supporting the price action

Summary: everything is ready for the next leg up. All metrics are extremely bullish

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