<ul data-eligibleForWebStory="false"><li>Bitcoin is retesting the $110,000 price level after bouncing back last week, igniting bullish sentiment in the market.</li><li>The on-chain data shows that Bitcoin is entering a new phase in its market dynamics, with the SOPR Climbing as a key metric indicating profit realization.</li><li>The SOPR Trend Signal, currently rising for the third time in the ongoing bull cycle, suggests a potential start of a longer bullish trend with renewed confidence in Bitcoin's trajectory.</li><li>Realized profits in Bitcoin have surged to levels not seen in months, with over $9.2 billion in profits realized as investors take advantage of the current rally.</li></ul>

Bitcoin Enters A New Phase As Profit-Taking Metric Picks Up Pace – Here’s What It Is

Discover more