Glassnode Announces Bitcoin Has Entered a “Deep Bear Phase” – But There Is Still Positive News
On-chain data shows bearish signals have been active since last Halloween. Losses are rising, but we’re still far from full panic mode. People are selling, yes, but not in fear yet.
The good part? ❌ No mass panic selling. No total capitulation.
The market loss ratio is only about 24%, while real panic usually starts above 50%.
Since December, long-term HODLers have been quietly accumulating. Big institutions are also watching these lower levels for entry, just like the Bitwise CEO hinted.
So this looks more like a strong shakeout than a total crash. The market is cleaning itself before the next move.
Now the real question 🤔
More pain ahead?
Or is this the phase before the next big rally? 📈
What do you think?
BTC
65,578.19
-2.63%