CryptoQuant Confirms Bitcoin Bull Market with $90K Resistance
Onchain data confirms the Bitcoin bull market, though analysts warn that the $90,000 level poses significant profit-taking risks for holders.
Key points
- CryptoQuant confirmed the Bitcoin bull market with the $90,300 level identified as the next major resistance zone.
- The realized price of $64,300 sets the baseline for profit-taking, with the upper band at 40% above this cost.
- US spot Bitcoin ETFs attracted $1.7 billion in inflows over two days, signaling strong institutional demand.
CryptoQuant confirmed the Bitcoin bull market after onchain signals aligned with technical indicators. The platform identified the $90,300 level as the primary resistance zone where selling pressure may increase.
Bitcoin currently trades near $86,000, leaving a clear path toward the upper profit band. This band sits at $90,300, which is 40% above the realized price of $64,300 for recent buyers.
Realized price metrics define resistance
The realized price represents the average acquisition cost for coins moved in the last three months. CryptoQuant data shows this level at $64,300, establishing the baseline for current profit margins.
The upper band coincides with a dense onchain supply cluster between $88,000 and $90,000. Analysts expect increased selling as traders approach this natural pause point within the uptrend.
Institutional ownership dampens market extremes
CryptoQuant CEO Ki Young Ju stated that institutional ownership is reducing price volatility. He noted that the 2026 bear market saw the MVRV ratio stay above the breakeven point.
This stability contrasts with previous cycles where retail dominance drove sharper declines. The current market structure limits both upside potential and downside risk through broad institutional participation.
ETF inflows support current momentum
US spot Bitcoin ETFs recorded $1.7 billion in net inflows during the first two days of the week. Monday’s $999 million inflow marked the largest single-day total since October 2025, according to Farside Investors.
Cointelegraph reported that the MVRV ratio crossed above its 365-day moving average. This technical signal previously indicated the end of bear markets in 2018 and 2022, reinforcing the current bullish outlook.
