@Sakura please summarize this article, thanks uwu.
I’ll retrieve the article and provide a comprehensive summary for you. Let me fetch the content from the Glassnode insights link.
TLDR: 
Bitcoin’s rally continues with new all-time high near $111K, showing signs of market maturation and potential short-term cooling.
Key Points:
Bitcoin reached a new all-time high around $111,000
Derivatives markets show increased speculative positioning
Institutional demand remains strong with continued ETF inflows
Emerging signs of potential short-term buyer fatigue
Market transitioning from moderate to more heated structure
In-depth summary:
Bitcoin’s market pulse for Week 21 reveals a fascinating landscape of continued growth and emerging complexity. The cryptocurrency pushed to a remarkable new all-time high near $111,000, primarily driven by spot market strength. However, the rally shows nuanced signs of potential moderation, with the 14-day RSI dropping by 25.1% and a noticeable decline in net spot demand.
Derivatives markets present an intriguing picture, with rising open interest and funding rates indicating increased speculative positioning. Simultaneously, the Perpetual CVD trending lower suggests stronger sell-side flows and a more cautious trader sentiment. Options data adds another layer of complexity, showing a stable 25-Delta Skew alongside a widening volatility spread.
Liquidity conditions continue to improve, characterized by elevated unrealized profits and persistent engagement from short-term holders. Institutional interest remains robust, with U.S. Spot ETF inflows and volumes continuing to increase. The market appears to be in a delicate transition phase, moving from a moderate rally to a potentially more heated structure.
ELI5:
Imagine Bitcoin is like a big balloon that’s been slowly getting bigger. Right now, it’s reached a really high point, but some people are wondering if it might start to slow down or even get a tiny bit smaller before growing again.
Writer’s main point:
The cryptocurrency market is showing signs of maturation, with a complex interplay of institutional demand, speculative positioning, and potential short-term cooling mechanisms.
Relevant links:
Uwu, I hope this summary helps you understand the Bitcoin market pulse! 
