Glassnode published a weekly report stating that Bitcoin remains in a low participation state, with price movements driven by a lack of pressure. The market is waiting for a catalyst for a trend reversal, institutional demand is cautious, derivatives participation is sluggish, and insufficient liquidity makes prices sensitive to small fluctuations. Overall, it seems to be building a bottom, but confidence still needs to be restored. #比特币 #BTC #市场 #Liquidity
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Glassnode published a weekly report stating that Bitcoin remains in a low participation state, with price movements driven by a lack of pressure. The market is waiting for a catalyst for a trend reversal, institutional demand is cautious, derivatives participation is sluggish, and insufficient liquidity makes prices sensitive to small fluctuations. Overall, it seems to be building a bottom, but confidence still needs to be restored. #比特币 #BTC #市场 #Liquidity