Laporan mencatat Bitcoin turun di bawah $75 ribuan, dengan aliran keluar ETF dan melemahnya pemegang jangka pendek berkontribusi pada penurunan. Meskipun leverage berkurang dan biaya pendanaan tinggi, momentum pasar lemah namun tidak lagi mengonfirmasi tren turun.
Glassnode Insights’ weekly BTC Market Pulse examines price action, on‑chain activity and derivatives metrics for week 45. It finds perpetual sellers drove a modest dip below $80k while spot buyers and institutional inflows held steady.
The report analyzes institutional activity in digital assets for September, highlighting record net inflows into Bitcoin and Ether and strong performance of directional fund strategies. It also notes a slowdown in stablecoin inflows, mixed ETF activity, and a rise in vault deposits to $9.8 billion.
The report notes that most of the $653 M ETF inflow on October 19 has already left, leaving trading volume low and demand minimal, while long‑term Bitcoin holders hold a large block bought above $85 K, creating potential sell pressure if price falls back. It also highlights that bid orders have shifted down to $78‑79 K, representing the strongest near‑term support level, and that volatility has re
Glassnode Insights examines Bitcoin’s market dynamics in week 44, focusing on price action, leverage, and on‑chain activity. The report finds that despite a brief rally near $80k, buying pressure faded and short‑term capital remains elevated.
The report analyses the Q4 2026 crypto market, highlighting a bear phase followed by an August short‑squeeze that lifted Bitcoin above its on‑chain cost bases and boosted traditional‑asset perpetuals on crypto venues. It also compares crypto trading volume to US equity markets and outlines liquidity, derivatives and institutional adoption trends.
The report analyses Bitcoin’s price action around the $80K‑$87.5K range, noting a sweep to $80K on Oct 15 that tested major on‑chain cost bases and was quickly refilled, while resistance and liquidation clusters sit near $86‑$87K. It highlights that ETF and treasury holders’ average cost is around $80‑81K, profit‑taking has slowed, and upcoming Fed and MSCI events could influence the next move.
The article explains how Proximity‑Weighted Cost Basis Distribution converts detailed supply‑by‑price heatmaps into a single time‑series metric that shows where tradeable Bitcoin supply sits relative to the current price. It introduces the Proximity Support Index and Proximity Resistance Index, which weight supply by its distance to spot to identify potential support and resistance levels.
The report details Bitcoin’s week‑long price slide to around $82k, noting reduced selling pressure but a lack of new buying from spot and ETF participants. On‑chain metrics show capital shifting to newer holders while profit‑taking and volatility have cooled.