BlockBeats News, October 14th, glassnode released its weekly market report stating that despite the impact of the flash crash event, the overall market structure remains intact. Bitcoin spot trading volume continues to be high, ETF inflows persist, and on-chain activity remains strong based on adjusted entity transaction volume. These dynamics indicate that although leveraged participants were forced to exit, structural capital and institutional demand still exist.
Deleveraging marks a significant and necessary adjustment in the Bitcoin market. Excessive leverage has been cleared, speculative positions have decreased, and short-term market sentiment has been realigned. While liquidity and broader market participation remain unchanged, momentum has slowed, and profit-taking has cooled. The market is currently entering a consolidation phase characterized by a return to caution, selective risk-taking, and a more cautious rebuilding of confidence in the spot and derivatives markets.
