Bitcoin has reached a new all-time high of $99.4k. 📈 This rally has led to heavy profit-taking by investors and the market is showing signs of cooling. The Realized Profit/Loss ratio is indicating demand fatigue. Perpetual futures funding rates are also falling, indicating that speculative demand is decreasing.

While the market is forming significant demand clusters between $87k and $98k, risks are increasing for investors. Risk indicators suggest that high profit levels increase the risk of a correction. 💡 What do you think about these developments? Share in the comments!