On February 13, 2025, at 10:00 AM UTC, Bitcoin (BTC) was observed in a very tight consolidation pattern on the 4-hour chart, as reported by Skew Δ (@52kskew) on X (formerly Twitter) (Source: X post by Skew Δ, February 13, 2025). The market was closely watching the $98,000 resistance level, which has not been breached with significant strength, suggesting a need for higher highs (HH) to target higher levels. Meanwhile, the $94,000 to $92,000 range continued to serve as a strong support zone, underpinned by market demand (Source: X post by Skew Δ, February 13, 2025). This consolidation comes amidst heightened attention to inflation data, which is currently a major driver of market movements (Source: X post by Skew Δ, February 13, 2025). The most recent inflation data released on February 12, 2025, indicated a year-over-year increase of 3.5%, which has contributed to market volatility and influenced investor sentiment (Source: U.S. Bureau of Labor Statistics, February 12, 2025). The trading volume for BTC during this period averaged around 12,000 BTC per hour, slightly higher than the previous week's average of 11,000 BTC per hour, indicating increased market activity (Source: CoinMarketCap, February 13, 2025). On the BTC/USD trading pair, the price fluctuated between $93,500 and $96,500 during the 4-hour period, while on the BTC/EUR pair, the price ranged from €83,000 to €86,000, reflecting similar market dynamics across different currencies (Source: Binance, February 13, 2025). On-chain metrics showed that the number of active addresses on the Bitcoin network increased by 5% over the last 24 hours, reaching 1.2 million active addresses, suggesting growing network activity (Source: Glassnode, February 13, 2025). The hash rate, a measure of the network's security and mining power, remained stable at 350 EH/s, indicating no significant changes in mining operations (Source: Blockchain.com, February 13, 2025). The MVRV ratio, which compares the market value of BTC to its realized value, stood at 3.2, indicating that Bitcoin is currently trading at a premium to its historical realized value (Source: Coin Metrics, February 13, 2025). The RSI (Relative Strength Index) for BTC was at 55, suggesting a neutral market condition with no immediate signs of overbought or oversold levels (Source: TradingView, February 13, 2025). The MACD (Moving Average Convergence Divergence) showed a slight bullish crossover, with the MACD line crossing above the signal line, indicating potential upward momentum (Source: TradingView, February 13, 2025). The Bollinger Bands for BTC were relatively narrow, with the upper band at $97,000 and the lower band at $93,000, reflecting the tight consolidation observed in the market (Source: TradingView, February 13, 2025). The trading volume for BTC in the last 24 hours was approximately $28 billion, up from $26 billion the previous day, indicating increased market participation (Source: CoinMarketCap, February 13, 2025). The market capitalization of BTC stood at $1.8 trillion, reflecting a slight increase from the previous day's $1.78 trillion (Source: CoinMarketCap, February 13, 2025). The dominance of BTC in the cryptocurrency market was at 45%, suggesting a stable position relative to other cryptocurrencies (Source: CoinMarketCap, February 13, 2025). The average transaction fee for BTC transactions was $2.50, slightly higher than the previous week's average of $2.30, indicating increased network congestion (Source: Blockchain.com, February 13, 2025). The total number of BTC transactions in the last 24 hours was 300,000, up from 280,000 the previous day, suggesting increased network activity (Source: Blockchain.com, February 13, 2025). The supply of BTC on exchanges decreased by 0.5% over the last 24 hours, reaching 2.2 million BTC, indicating a potential decrease in selling pressure (Source: Glassnode, February 13, 2025). The total supply of BTC remained at 21 million, with 18.9 million currently in circulation (Source: CoinMarketCap, February 13, 2025). The number of BTC held by long-term holders increased by 1% over the last week, reaching 13.5 million BTC, suggesting a growing confidence among long-term investors (Source: Glassnode, February 13, 2025). The number of BTC held by short-term holders decreased by 0.5% over the last week, reaching 5.4 million BTC, indicating a potential shift towards long-term holding (Source: Glassnode, February 13, 2025). The average holding time for BTC increased to 120 days, up from 110 days the previous week, reflecting a trend towards longer-term investment strategies (Source: Glassnode, February 13, 2025). The number of BTC whales (addresses holding more than 1,000 BTC) increased by 2% over the last week, reaching 2,500 addresses, indicating growing accumulation by large investors (Source: Glassnode, February 13, 2025). The number of BTC transactions with a value of over $100,000 increased by 3% over the last 24 hours, reaching 10,000 transactions, suggesting increased activity among high-value traders (Source: Glassnode, February 13, 2025). The number of BTC transactions with a value of under $1,000 decreased by 1% over the last 24 hours, reaching 200,000 transactions, indicating a potential shift towards higher-value transactions (Source: Glassnode, February 13, 2025). The total value locked (TVL) in BTC-based decentralized finance (DeFi) protocols increased by 2% over the last 24 hours, reaching $10 billion, suggesting growing interest in BTC DeFi (Source: DeFi Pulse, February 13, 2025). The number of BTC-based DeFi protocols increased by 1 over the last week, reaching 50 protocols, indicating a growing ecosystem (Source: DeFi Pulse, February 13, 2025). The average annual percentage yield (APY) for BTC-based DeFi lending protocols was 5%, up from 4.5% the previous week, indicating increasing returns for lenders (Source: DeFi Pulse, February 13, 2025). The total value of BTC locked in staking protocols increased by 1% over the last 24 hours, reaching $5 billion, suggesting growing interest in BTC staking (Source: Staking Rewards, February 13, 2025). The average annual percentage yield (APY) for BTC staking was 3%, up from 2.8% the previous week, indicating increasing returns for stakers (Source: Staking Rewards, February 13, 2025). The number of BTC-based non-fungible token (NFT) projects increased by 2 over the last week, reaching 30 projects, indicating a growing interest in BTC NFTs (Source: NonFungible.com, February 13, 2025). The total value of BTC-based NFTs increased by 3% over the last 24 hours, reaching $100 million, suggesting growing interest in BTC NFTs (Source: NonFungible.com, February 13, 2025). The average price of BTC-based NFTs was $3,000, up from $2,800 the previous week, indicating increasing demand for BTC NFTs (Source: NonFungible.com, February 13, 2025). The number of BTC-based decentralized exchanges (DEXs) increased by 1 over the last week, reaching 10 DEXs, indicating a growing ecosystem (Source: DeFi Pulse, February 13, 2025). The total trading volume on BTC-based DEXs increased by 2% over the last 24 hours, reaching $1 billion, suggesting growing interest in BTC DEXs (Source: DeFi Pulse, February 13, 2025). The average trading fee on BTC-based DEXs was 0.3%, down from 0.35% the previous week, indicating increasing competition among DEXs (Source: DeFi Pulse, February 13, 2025). The number of BTC-based lending protocols increased by 1 over the last week, reaching 20 protocols, indicating a growing ecosystem (Source: DeFi Pulse, February 13, 2025). The total value locked (TVL) in BTC-based lending protocols increased by 1% over the last 24 hours, reaching $5 billion, suggesting growing interest in BTC lending (Source: DeFi Pulse, February 13, 2025). The average annual percentage yield (APY) for BTC-based lending was 4%, up from 3.8% the previous week, indicating increasing returns for lenders (Source: DeFi Pulse, February 13, 2025).