metricsupdate

#Bitcoin #MetricsUpdate $BTC $ETH
Currently, more signals are emerging on the market that require caution, but they do not indicate panic or the final stage of a downturn.
The first key point is the relative unrealized loss indicator. It shows what percentage of all Bitcoin is currently in the red relative to purchase price. In simpler terms, how many coins are currently held at a loss. In past major downturns, this metric regularly exceeded 50%, indicating widespread pain and capitulation. Currently, we haven't even reached 10%. This suggests that most holders are still in profit, meaning fear-driven pressure on the market remains limited.

Glassnode notes that key network metrics — the number of active addresses and transactions — continue to decline. For newcomers: this signifies a decrease in user and trader activity within the network. When such actions decrease, the market typically transitions into a calmer phase with reduced volatility.

#Bitcoin #MetricsUpdate $BTC $ETH
Glassnode records an increase in realized losses among new investors in major altcoins. This means that those who recently entered the market are currently realizing losses as prices recover slowly. Such dynamics indicate tension in the speculative segment — when participants with a short horizon start to exit positions, the market becomes more volatile and sensitive to news.