Bitcoin's price has broken above the +1 standard deviation band at $89.5k, indicating investors are now holding statistically significant unrealized profits. This breakthrough signals an increased potential for profit-taking activities.
Historically, markets can remain in this "overheated" state for extended periods, especially when substantial capital inflows can absorb potential sell-side pressure. While the elevated MVRV Ratio suggests heightened risk of profit realization, continued strong market liquidity could support sustained momentum.