Bitcoin has surged to a new all-time high of $99.4k, breaking out of its previous $54k-$74k range. 🚀 However, several risk metrics indicate a Very High Risk 🟥 zone, with elevated unrealized profits and potential for market corrections. The Realized Profit/Loss Ratio suggests intense profit-taking, hinting at near-term demand exhaustion. Despite this, realized profit volumes have dropped by 76%, and futures funding rates are stabilizing, indicating a cooling market. Key demand clusters are forming between $87k and $98k, as the market seeks equilibrium amidst heightened volatility.