Glassnode: Bitcoin falls to a four-week low, and on-chain data shows signs of "exhaustion" are intensifying
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最新报道：According to Glassnode data, Bitcoin may be heading for a deeper correction as cumulative realized profit taking by long-term holders has reached levels seen at previous market cycle peaks. Glassnode reports that long-term holders have realized profits on 3.4 million Bitcoins (BTC), while inflows into exchange-traded funds (ETFs) have slowed. They believe this is a sign of "exhaustion" following the Federal Reserve's interest rate cut last week. According to TradingView data, Bitcoin prices have fallen below key support levels around $112,000, hitting a four-week low of $108,700 on Coinbase late Thursday. While Bitcoin has not yet fallen back to its September 1st high of $107,500, analysts suggest it may be heading in that direction.
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