logo

glassnode: Current Bitcoin Fragility Increasing, Its Structure Still Susceptible to External Negative Factors

By: theblockbeats.news|2025/08/06 06:11:57

BlockBeats News, August 6th, glassnode released a market report pointing out that as the market retests the low liquidity range below the $114,000 threshold, Bitcoin's frenzy phase is pausing, and the market is undergoing a period of readjustment. Signals from various market sectors all indicate that market momentum is cooling off, with cautious holding and reduced risk appetite. The reasons for this are mainly as follows:

1. The spot market has significantly weakened, with the RSI dropping from 47.4 to 35.8, breaking below its low range, indicating the market is entering oversold territory.

2. Open interest in the futures market has decreased from $45.6 billion to $44.9 billion, suggesting a mild unwinding of positions.

3. ETF market net inflows decreased by 24.9% to $269.4 million, well below the low range, indicating weak institutional demand.

In conclusion, the market has shifted from prosperity to reassessment, with oversold conditions and seller exhaustion implying the possibility of a rebound. However, market fragility is increasing, and its structure remains vulnerable to external negative factors or delays in demand recovery.

ConsenSys CEO Hints at Linea TGE Date with "42"
SBI Holdings Applies to Launch XRP and Bitcoin Investment ETF in Japan

You may also like

Share
copy

Gainers

Latest Crypto News

14:15

CZ: Predicts More All-Time Highs Coming Soon, Exact Timing Unknown

14:15

「Rising Star 100% Win Rate Trader」 Goes Short with 40x Leverage on 500 BTC

13:45

「Bull Buddy」 is once again hyping up for a long position, with an average entry price of $31.97.

13:45

Kalshi has completed a $1 billion funding round at a $1.1 billion valuation

13:45

Coinbob has launched an on-chain address monitoring and copying tool for the Pacifica chain, allowing users to synchronize and earn Pacifica token rewards.

Read more
Community
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MMbd@weex.com

VIP Servicessupport@weex.com