Bitcoin surged nearly 2% in 24 hours, reaching a historic high and a new market cap milestone, primarily driven by strong ETF inflows. In short: 1. Price Surge and Milestone: Bitcoin hit a historic high of $125,708 and surpassed a $2.5 trillion market cap, mainly driven by institutional investments through spot ETFs. 2. Technical Strength and Overbought Signals: Technical indicators show a strong bullish trend (EMA, MACD, volume), but the RSI indicates overbought conditions, suggesting a potential consolidation in the short term. 3. Whale Activity: Despite a major whale short being squeezed, a significant amount of Bitcoin has recently been transferred to CEX, indicating potential selling pressure. $BTC
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