Bitcoin: Glassnode Vector Signal Flips Risk-On

Bitcoin Vector Signal has flipped risk-on, marking the first bullish turn since the $126K native top. The indicator shifted risk-off in October 2025 and triggered a 54% drawdown before turning long again once BTC cleared $70K.

Price sits at $78577.81 above the EMA50 support at $77577.58 and well clear of the EMA200 at $72153.14. The MACD golden cross remains intact while RSI at 58.13 shows neutral momentum inside the Bollinger bands, keeping the upper band at $79081.54 as the next short-term target before any deeper retracement to the 50-EMA.