logo

glassnode: Bitcoin Still Faces Further Downside Risk, Reaching $114K to $116K Needed to Confirm New Uptrend

By: theblockbeats.news|2025/09/05 05:12:23

BlockBeats News, September 5th, glassnode published a market analysis stating that on-chain data shows Bitcoin investors bought in the range of $108,000 to $116,000, filling the short position gap. This reflects a positive buy-the-dip behavior but does not rule out the possibility of further decline. If it falls below $104,000, a replay of the previous post-all-time-high weakness phase could occur, dropping to $93,000 to $95,000.


The profit-taking ability of short-term holders plummeted to 42% during the market sell-off, then rebounded to 60%. This rebound has kept the market neutral but fragile, with a confirmation of new growth momentum only if the price rises to $114,000 to $116,000.


Moreover, off-chain market sentiment is cooling down. Futures funding remains neutral but fragile, while ETF inflows have slowed significantly. Bitcoin ETF flows are mainly driven by directed spot demand, while Ethereum flows reflect a mix of spot demand and spot purchase arbitrage.

WEEX se roba el Show en BlockchainRIO 2025
WEEX en el escenario global: De Singapur a Dubái

Te puede gustar

Compartir
copy

Ganadores

Últimas noticias cripto

09:53

Abraxas Capital ha destinado la mitad de sus fondos a comprar spot de HYPE, con una posición que alcanza los 56 millones de dólares.

09:23

BNP Paribas: La Fed continuará recortando las tasas de interés el próximo año, y hay margen para una mayor caída en los rendimientos de los bonos estadounidenses

09:21

El Gobierno del Reino de Bután transfirió 175.44 ETH, aproximadamente $49.700 USD.

09:19

GIGGLE ha retrocedido las ganancias de ayer, retrocediendo alrededor del 27% desde su punto máximo.

08:18

Un trader cerró una posición corta de $18.8 millones USD ETH con una ganancia de $909,000 USD

Leer más
Comunidad
icon
icon
icon
icon
icon
icon
icon
icon

Atención al cliente@weikecs

Cooperación empresarial@weikecs

Trading cuantitativo y CM[email protected]

Servicios VIP[email protected]