Bitcoin Bull Market show say late-cycle signs but no top yet as Exchange Reserves and Altcoin Capital Rotation signal potential further growth

Bitcoin (BTC) still stand gid for up of di key support level and e dey continue to set new records for 2025, even as other coins like Ethereum (ETH) no reach their all-time highs yet. Analysts don notice say Bitcoin market dominance dey weak, and capital dey move plenty enter altcoins. Data from exchanges show say Bitcoin reserves dey fall steady—e mean say selling pressure no too much—while ETH and XRP reserves just dey constant. Stablecoin reserves for major exchanges don reach multi-year highs, dis one show say investors fit dey ready to enter di market again with new money instead of going out. Di market value-to-realized value (MVRV) ratio for BTC dey around 2.2, wey still low pass di historical peak of 3.7, dis one mean say e still get space to go up more. Trading desks dey point out say $105,000 na very important support; if e maintain dis level, di bullish momentum fit continue. Although some people dey warn say di current crypto bull run fit dey enter im last phase, on-chain metrics and interest from big companies still dey support confidence for both Bitcoin and selected altcoins. Traders suppose dey follow reserve flows and technical support levels well well as market sentiment dey show say na late-stage bull market, but e never reach final top.
Bullish
Di New data show say Bitcoin still dey up for important support and dey hold record high, even as altcoins no dey catch up. Money wey dey move go altcoins, BTC wey dey reduce for exchange, and stablecoin wey don reach multi-year high, all dis na sign say investors still dey serious and dem ready to put new money. Di current BTC MVRV ratio still far below di highest dem don reach before, meaning say e fit still go up and no clear sign say market don reach top. Even as some people warn say market fit dey for di ending of im bull-cycle, wetin dey happen for on-chain and di way institutions dey still invest dey support di bullish feeling. Traders dem advise say make dem watch di flow of reserves and technical levels, as di general outlook still dey positive unless dem break key supports.