📊👀 Glassnode Report: The rally has stalled below the supply range at $83–86K.
As network profitability rises at similar prices, sovereign bond yields reach new cycle highs, and the options market returns to a neutral stance; the market remains within the established range.
Until the upper limit is broken, the structural lower threshold within the $62–65K range at $ sets the main benchmark for price declines.
As network profitability rises at similar prices, sovereign bond yields reach new cycle highs, and the options market returns to a neutral stance; the market remains within the established range.
Until the upper limit is broken, the structural lower threshold within the $62–65K range at $ sets the main benchmark for price declines.
