Merkle3s Weekly Snapshot 📊 5/13 1️⃣ BTC Rally Exceeds Expectations, Caution Advised 📈 The recent BTC rebound exceeded market expectations, buoyed by positive macro news. However, caution is recommended near the $108K resistance, with a significant historical MVRV divergence around the $115K zone. 2️⃣ ETF Fund Flows Remain Strong 📈 Spot ETF inflows remain robust: #BTC ETFs attracted approximately $1.28B net inflows this week, totaling over $8.22B in the past three weeks. #ETH ETFs saw minor net outflows of around $5.24M. 3️⃣ TON & Aptos Lead 🚀 TON surged nearly 20%, driven by Telegram NFT integrations and new game launches. Aptos rose approximately 30%, powered by strong ecosystem revenue growth and stablecoin issuance. 4️⃣ Stablecoin Expansion Continues 🚀 USDT officially launched on the Kaia blockchain with an initial issuance of 4M tokens. FDUSD’s market cap growth continued, solidifying its position as the third-largest stablecoin. 5️⃣ Market Risk Alert ⚠️ Despite strong positive momentum, market volatility and risks remain elevated, particularly around key resistance levels for BTC and speculative activities in meme tokens. Investors are advised to remain cautious.