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Bitcoin Rally Stalls at $108K as Key Risk Metric Flashes Red, Is Correction Looming?

  • Bitcoin has slowed down its rally, currently trading at $108,012 with a 3.1% decline over the past week.
  • Despite the short-term pullback, Bitcoin remains above significant support levels, indicating minimal selling pressure.
  • An elevated market risk signal, the 'Standardized 60-Day Realized Cap Volatility (RCV)' metric, has crossed a critical historical threshold, suggesting caution.
  • Investors are advised to adopt a conservative risk management approach due to the elevated risk signal, considering reducing exposure, tightening stop-losses, or waiting for better price-fundamental alignment.

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