Bitcoin Futures Market Power Index Hits 56.9, Signaling Bullish Momentum

The Bitcoin Futures Market Power Index has reached 56.9, positioning above the critical 50 threshold and triggering a bull signal, data show. The index sits within the neutral zone of 40-60, with no extreme conditions present. The current level indicates derivatives market support for upward momentum, though the narrow margin above 50 suggests vulnerability to shifts in market pressure.