Bitcoin Hits New All-Time High, But Without the Usual Hype – Here’s Why That’s Bullish

Market Analysis: Current on-chain data indicates that Bitcoin's subdued rally may signify a healthier bull market, supported by a negative Perpetual-Spot Price Gap on Binance, suggesting strong spot buying from long-term holders rather than speculative trading.

Future Outlook: Analysts believe this organic demand could lead to further price increases without typical volatility; however, a shift to a positive gap might indicate profit-taking and potential market corrections.