Glassnode: Bitcoin Risk Index Climbs Sharply

Glassnode flags rising Bitcoin market risk as its Vector framework Risk Index spikes following weeks of cooler conditions that fueled stronger BTC price action. Current price sits at $73493.95 inside Bollinger Bands with lower support at $72452.18 and upper resistance at $78592.23. The 4h structure shows a bearish trend where price trades below both EMA50 at $76113.79 and EMA200 at $77044.79, while MACD prints a clear death cross at -928.72 and RSI(14) holds neutral at 32.25; this confluence points to exhaustion at the upper band followed by a likely retest of the 50-EMA before any sustained continuation in BTC price prediction scenarios.