Since our last update, #Bitcoin's LTH NUPL has now spent ~31 days above 0.75, with an average of ~0.76 during those periods: https://glassno.de/3EGEmOn In prior cycles, euphoria lasted 450 → 385 → 228 days, while the average NUPL fell from 0.91 → 0.89 → 0.85. The trend remains worth tracking.