𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗺𝗮𝘆 𝗯𝗲 𝗰𝗹𝗼𝘀𝗲𝗿 𝘁𝗼 𝗮 𝗯𝗶𝗴 𝗺𝗼𝘃𝗲 𝘁𝗵𝗮𝗻 𝗶𝘁 𝗹𝗼𝗼𝗸𝘀.
Glassnode’s 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 — not necessarily safe.
I’m 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, I’m watching — not chasing.
Do you see a breakout building?
$BTC
Glassnode’s 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 — not necessarily safe.
I’m 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, I’m watching — not chasing.
Do you see a breakout building?
$BTC