Bitcoin is at the "intermediate peak" region with an MVRV of 1.27, indicating stability and significant growth potential.

Actual profits decreased from $10B to $3B, down 30% from November. This indicates reduced selling pressure, as long-term holders have realized most of their profits and are ready for the next rally.

The market price and actual price difference over 90 days is at a balance of 0.5, suggesting that the market may be in a short-term bullish phase.

An increase in supply of $73B/month is met by ETF inflows of $38B/month and MicroStrategy purchasing $15.7B/month. The Bitcoin reserves of the US and mining companies like MARA also contribute to optimistic sentiment.

The end of the year is usually calm but positive; the market needs to adjust to support sustainable growth.