The Capitulation Mirage: Why Glassnode's Data Says the Bottom Isn't Here Yet
You are mistaken if you believe the recent Bitcoin bounce signals the end of...
Block reward halving event
Circulating supply increases by about 2%
Team and early investor shares released
Independent validator client goes live on mainnet
92 million ARB released
Raises validator limit and account abstraction
Improves data availability sampling efficiency
Block reward reduced to 3.125 BTC
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Fear
Market Sentiment
Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$77,541 |
| 1 |
Ethereum
ETH
|
$2,251.07 |
| 1 |
Solana
SOL
|
$96.02 |
| 1 |
BNB Chain
BNB
|
$707.54 |
| 1 |
XRP Ledger
XRP
|
$1.25 |
| 1 |
Dogecoin
DOGE
|
$0.0756 |
| 1 |
Cardano
ADA
|
$0.1939 |
| 1 |
Avalanche
AVAX
|
$8.55 |
| 1 |
Polkadot
DOT
|
$0.9597 |
| 1 |
Chainlink
LINK
|
$11.56 |