According to @caprioleio, Capriole Investments released Issue 66 titled The Cycle Top, asking whether the Bitcoin cycle is dead and which metrics are most important to navigate a market top, signaling traders should watch for market-top indicators that could guide BTC risk management. Source: Capriole Investments on X, August 15, 2025. The post highlights that the report centers on identifying actionable metrics for market-top navigation, indicating potential implications for timing, drawdown control, and position sizing in BTC. Source: Capriole Investments on X, August 15, 2025.

According to Crypto Rover, Bitcoin funding rates are currently extremely low, indicating that leveraged long positions are not overcrowded and suggesting that the market has not reached a local top yet (source: Crypto Rover on Twitter, April 26, 2025). For traders, low funding rates typically signal a balanced market sentiment and may provide opportunities for further upside momentum, as excessive bullish leverage is not present. Monitoring funding rates helps traders assess potential reversal risks and gauge the sustainability of current price trends.