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#Bitcoin Short-term Bubble Risk: Monitoring Excess🔥
📝 This indicator tracks speculative excess, identifying "Overheat," "Mean," and "Cooling" phases. It shows a dynamic history of moving between these states.
📍 Currently, $BTC Short-term Bubble Risk stands at 1.34, sitting above the Mean (0.00) but below the Overheat (2.00) level. The chart highlights recent spikes into the "Overheat" zone.
💡 While not at extreme levels now, the indicator's historical pattern of sharp corrections after hot phases advises caution. Our platform tracks this closely.