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

BTC

73,533.64

+2.63%

$ETH

ETH

2,254.69

+6.84%

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