Blog

Home News Glassnode: Current Market Exhibiting Typical Characteristics of a Prolonged Bear Market Phase

Glassnode: Current Market Exhibiting Typical Characteristics of a Prolonged Bear Market Phase

Glassnode: Current Market Exhibiting Typical Characteristics of a Prolonged Bear Market Phase

BlockBeats News, January 3rd, Glassnode posted on social media, stating that the slowdown in inflows and the acceleration of long-term holders realizing losses are occurring simultaneously. This market structure is gradually emerging as the price oscillates within a tightening range, reflecting an increasing sense of exhaustion among investors as time progresses — a typical characteristic of a prolonged bear market phase.

Related articles