Bitcoin (BTC) may enter the waiting and vision phase: Here is the reason

After a sharp recovery from the lowest level in about 75,000 dollars last week, traders now speculate whether Bitcoin may prepare to break the long downward trend.

The shift in feelings pushed renewed optimism, as many closely monitor the signs of a possible reflection. However, the data depicts the frequency of investors in the volatile market climate.

Bitcoin growth reduces

The latest Glassnode analysis It reveals that the maximum Bitcoin has increased to a record level of $ 872 billion, despite the modest monthly growth of about 0.9 %. These signals continued to flow capital but reflect the appetite for the cooling investor, which indicates a feeling of the risks prevailing in the market.

Blockchain Intelligence explained that in the difficult market environment, fixed flows to Bitcoin are impressive. Nevertheless, the decrease in the new capital rate indicates that investors are visiting more money at the present time and signs that are likely to dominate cautious behavior and risk in the near future.

In addition, the profit and loss of investigators, modified for volatility, shows almost equal distribution, which indicates saturation in the investor’s activity. Interestingly, this style precedes the standard of unification. The market seems to be looking for a new balance.

Moreover, the achieved net profit/loss that was modified in Bitcoin has returned to the long -term average, a level historically linked to transformations between Taurus and bear markets. This places bitcoin in a decisive moment, with a market direction hanging in the balance.

Bitcoin fluctuations again

While Bitcoin showed great elasticity, Glassnode stated that the cryptocurrency was not escaped from the severe fluctuations that were crowned across the global markets as it suffered from its decrease in the 2023-2025 cycle.

This correction has struck the latest investors, because they are now representing the largest part of the unrealized losses. But long -term holders are not largely affected by the current economic pressure.

“From the perspective of the individual investor, the market bears much more severe decreases in previous sessions, especially during the bear markets in May 2021 and 2022. In addition, mature investors and investors are still not polite due to continuous economic stress, and resides in a position close to mono -sides.”