๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐บ๐ฎ๐ ๐ฏ๐ฒ ๐ฐ๐น๐ผ๐๐ฒ๐ฟ ๐๐ผ ๐ฎ ๐ฏ๐ถ๐ด ๐บ๐ผ๐๐ฒ ๐๐ต๐ฎ๐ป ๐ถ๐ ๐น๐ผ๐ผ๐ธ๐.
Glassnodeโs latest data shows a strange setup: spot BTC volume is near its lowest level since 2019, seller exhaustion is approaching cycle lows, but fresh demand is still weak.
That means the market is quiet โ not necessarily safe.
Iโm watching 2 levels closely:
$63K = key floor
$68.7K = confirmation
If $BTC reclaims $68.7K with rising volume + ETF inflows, this quiet market could turn into a much bigger upside move.
Until then, Iโm watching โ not chasing.
Do you see a breakout building?
$BTC
Glassnodeโs latest data shows a strange setup: spot BTC volume is near its lowest level since 2019, seller exhaustion is approaching cycle lows, but fresh demand is still weak.
That means the market is quiet โ not necessarily safe.
Iโm watching 2 levels closely:
$63K = key floor
$68.7K = confirmation
If $BTC reclaims $68.7K with rising volume + ETF inflows, this quiet market could turn into a much bigger upside move.
Until then, Iโm watching โ not chasing.
Do you see a breakout building?
$BTC
