Market Signals: Bitcoin Peak Alert, Strategy Exposure, and Geopolitical Tensions

MVRV Z‑Score Points to a Bitcoin Top

The MVRV Z‑Score has lost its upward trend and fallen below the critical RSI threshold of 70. Its moving average is now turning downward, a classic signal that Bitcoin’s up‑leg may be ending and a correction or sideways phase could follow. Traders should prepare profit‑taking strategies and consider protective hedges.

Massive MicroStrategy Exposure

Over 13,000 institutions and 814,000 retail investors hold MicroStrategy shares directly, while another 55 million share exposure indirectly through ETFs, funds, and pension plans. Twelve U.S. states have direct positions in Strategy via sovereign wealth allocations. This “core‑push” creates a unique liquidity corridor linking the equities and Bitcoin markets.

Meatbags NFT and the “Bunker Millionaires Club”

The NFT project Meatbags plans to mint 100,000 tokens and raise $1.4 million to buy a Cold War–era nuclear bunker in the U.K. Token holders will form a “Bunker Millionaires Club,” voting on uses ranging from elite survival retreats to private events. It exemplifies how NFT communities are branching into controversial real‑world assets.

Bybit Report on 500,000 Stolen ETH

Bybit’s CEO disclosed the outcomes of the hack investigation:

• 68.57% of the stolen ETH has been tracked

• 27.59% remains untraceable

• 3.84% has been frozen by authorities
  Users are advised to store large holdings in multisignature wallets and minimize balances on centralized exchanges.

Binance Co‑Founder’s Warning

Yi He, co‑founder of Binance, clarified she is not involved in project investments, token listings, or official communications. She highlighted the risk of AI‑driven deepfakes in voice and video, underscoring the need for independent source verification.

From Hype to Quality: A New Investor Mindset

Crypto funds and retail investors are shifting from chasing trends to selecting assets with proven cash flows, real‑world utility, and strong fundamentals. Portfolios of over 20 tokens are giving way to focused allocations in 6–10 high‑conviction projects, as well as blockchain‑exposed equities.

Bitget to Compensate VOXEL Traders

After anomalous trading volumes—VOXEL’s 24‑hour turnover exceeded that of all Bitcoin transactions on the platform—Bitget will void those trades, citing suspected market manipulation, and will reimburse affected users for their losses.

Synthetix Confronts the sUSD Crisis

Synthetix founder Kain has deployed a manual staking mechanism to rebalance sUSD obligations and instructed stakers to adjust incentives. A new management UI is expected in the coming days; if voluntary measures fail, stricter enforcement will follow.

DXY at Its Lowest Since March 2022

The U.S. Dollar Index (DXY) dropped below 103, its weakest level since March 2022. The euro strengthened to highs not seen since late 2021, and USD/CHF hit a decade‑low. Dollar weakness reflects growing doubts about U.S. economic policy and the greenback’s reserve‑currency status.

Gold Hits New ATH Above $3,400/oz

Gold surpassed $3,400 per ounce for the first time, setting a fresh all‑time high. Since 2020, its price has doubled—outpacing the S&P 500’s 86% return. The metal’s surge reinforces its role as a safe‑haven asset amid inflationary and geopolitical pressures.

China Threatens Countermeasures

Beijing has warned it will impose reciprocal actions against any country siding with the U.S. at China’s expense. The Ministry of Commerce stands ready to swiftly restrict imports or exports of strategic goods in defense of national interests.