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

By: theblockbeats.news|2025/08/06 05:41:30

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.

You may also like

WEEX Global Journey 2025: Connecting the World of Web3

WEEX Global Journey 2025: Connecting the World of Web3

WEEX’s H2 2025 global tour is hitting top blockchain stages and exclusive community meetups worldwide — connecting with real builders, sparking honest conversations, and creating lasting trust. Our mission: make trading simpler, confidence stronger, and crypto trusted across the globe.

WEEX|2025/08/08 08:04:07
News thumbnail

Emmet Finance (EMMET) IDO: Should You Jump In?

I’ve been digging into new DeFi projects lately, and one that caught my eye is the upcoming Emmet…

crypto insight|2025/08/08 09:10:17
News thumbnail

SEC Invites Public Input on Franklin Templeton’s XRP and SOL ETF Proposals as of August 8, 2025

Imagine the world of cryptocurrency investing opening up like a treasure chest that’s been locked for years. That’s…

crypto insight|2025/08/08 06:30:18
News thumbnail

Dogecoin Active Addresses Explode by 528% – Is a Massive DOGE Price Rally on the Horizon?

As of August 8, 2025, Dogecoin is capturing attention once again with its price showing renewed vigor following…

crypto insight|2025/08/08 06:20:19
News thumbnail

PNC Bank Unveils Crypto Trading Services Through Coinbase Partnership

Imagine stepping into the future of finance where your everyday bank account seamlessly connects you to the exciting…

crypto insight|2025/08/08 06:20:20
Share
copy

Gainers

Community
iconiconiconiconiconiconicon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MMbd@weex.com

VIP Servicessupport@weex.com