🚀🛫$MERL (Merlin) +3.2% | Is the BTCFi narrative quietly heating up again… and has smart money already started positioning? While most of the market is still chasing meme coins and AI hype, $MERL from Merlin Chain has been quietly pushing higher — enough to make traders start paying attention to the Bitcoin Layer 2 & BTCFi narrative once again. And here’s the interesting part: Merlin isn’t just another short-term pump. They’re building an entire ecosystem around: Bitcoin Layer 2 scalability Native BTC yield opportunities On-chain assets & Bitcoin DeFi Expanding utility for the Bitcoin ecosystem As liquidity starts rotating into narratives that haven’t fully exploded yet, BTCFi could easily become one of the strongest sectors of the next phase. A lot of people forget: Every cycle has its leading narrative. 2017 = ICOs 2021 = DeFi + NFTs 2024-2025? Maybe it’s the Bitcoin ecosystem. What makes $MERL interesting is that it’s still relatively small compared to many larger ecosystems… but volume and attention are clearly starting to increase And if Bitcoin continues showing strength, don’t be surprised if the market rotates toward: BTC Layer 2 Bitcoin DeFi Native BTC utility That’s exactly where Merlin wants to position itself as a major player. So the real question is: Is this just a technical bounce… or the early accumulation phase before a much larger move? What do you think about $MERL? Is BTCFi the next big narrative for this cycle? #MERL #Merlin #RateHikeRepricing #HYPEBullBearShowdown #USIranDealInLimbo