Glassnode: Bitcoin is currently in a post-ATH adjustment phase, with no sufficient evidence to suggest a forming trend of structural fund outflow

By: theblockbeats.news|2025/08/07 16:22:00
0
Share
copy

BlockBeats News, August 7th, Glassnode referenced data in its latest Crypto Week in Review report indicating that from a macro perspective, Bitcoin's current price is above the Short-Term Holder (STH) Cost Basis ($106,000), putting it in a "mild but not overheated" range. This structure aligns with typical bull market characteristics, as the STH Cost Basis has always been a key threshold to distinguish short-term bull/bear trends.

Glassnode believes that the market has now entered a post-historic high correction phase, where key level contention will determine the future trend. Investor behavior indicators show that the market is currently in a relatively balanced state—multiple metrics based on Short-Term Holders (STH) still align with typical bull market trends. Although Bitcoin ETFs have experienced significant outflows, these outflows have been short-term events so far, with insufficient evidence to indicate a forming trend of structural fund outflows.

The current support below is at the previous cycle's all-time high of $110,000, with resistance above at the recent accumulation zone base of $116,000.

-- Price

--

You may also like

Concerns Behind the Binance Customer Service Controversy

As the user base expands to the scale of Binance today, relying on the personal efforts of the founder and a few employees to fill process gaps has become an unsustainable arrangement.

Mergers and acquisitions in the cryptocurrency market are exceptionally active

Behind the rise in mergers and acquisitions is a sluggish financing market, declining project valuations, and increased pressure for startup teams to exit. However, it also indicates that the cryptocurrency industry has not lost its capital vitality, but is completing resource reorganization in anot...

SpaceX Stock Prediction After the IPO: Can SPCX Reach $200 Before QQQ Inclusion?

SpaceX stock has become one of the hottest trades of 2026. Can SPCX reach $200 before QQQ inclusion? Discover the latest SpaceX stock prediction, analyst targets, Bitcoin exposure, and the key catalysts that could move SpaceX stock after its historic IPO.

Congratulations to Carl Moon on His Historic Ferrari Challenge Le Mans Podium Triumph

Crypto influencer and racing enthusiast Carl Moon finished third in the Ferrari Challenge Le Mans Coppa Shell class, marking his best result of the year. As his racing partner and sponsor, WEEX celebrates this remarkable achievement and continues to lead crypto’s journey beyond boundaries, uniting the innovation of digital assets with the passion of motorsport. 

A16Z: The sun bears witness, SpaceX is worth 7.5 trillion

A deep analysis of Musk's ultimate grand vision: how SpaceX, xAI, and Tesla are deeply intertwined, using space AI data centers and Starships to gradually turn the sci-fi fantasies of Mars colonization and multi-planetary civilization into reality.

The stablecoin positioning battle escalates: When compliance is just a ticket to entry, will USD1 become the biggest winner?

How does the GENIUS Act reshape the stablecoin landscape?

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com