📊 BTC alert: Glassnode

Since mid-November, BTC has fallen below the 0.75 quantile

>25% of supply now underwater.

Market remains fragile:

Top-buyer capitulation risk vs. seller-exhaustion bottom formation.

At $93K, price is highly sensitive to macro shocks.

Market needs to reclaim the 0.75 quantile ($95.8K) and 0.85 quantile (~$106.2K) to stabilize.$BTC

BTC
BTC
92,255.62
-1.29%

$ETH

ETH
ETH
3,177.45
-1.24%