<ul><li>The analysis focuses on the Bitcoin Composite Market Indicator (BCMI) that combines several key on-chain indicators.</li><li>BCMI components include MVRV, NUPL, SOPR, and the Fear & Greed Index, with clear signal thresholds.</li><li>Current BCMI data indicates a rising trend, suggesting an early upside signal and a lack of market euphoria.</li><li>Improved on-chain sentiment and reduced profit-taking indicate potential early signs of recovery and accumulation in the Bitcoin market.</li></ul>

Early Accumulation Phase? New Data Signals Uptick in Bitcoin Market Sentiment

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