Bitcoin:


Here's why Bitcoin's Q3 price rally could face a liquidity test
ETF demand is returning, but weak liquidity could decide Bitcoin's next move The pain for Bitcoin [BTC] bulls may be nearing its end.
Notably, Bitcoin's latest on-chain data suggests the market is entering the final stage of its bearish phase. During this period, investors typically realize heavy losses as they sell below their cost basis. As this selling pressure fades, Bitcoin has historically found a bottom before rebounding.
Supporting this view, Bitcoin's Realized P/L
Ratio has fallen to -0.35, its lowest level in 43 months. The indicator measures realized profits against realized losses. A deeply negative reading shows that losses are dominating, signaling widespread capitulation. In previous market cycles, similar levels have often coincided with major Bitcoin bottoms, making the metric a closely watched signal for long-term investors.
#gStocksTokenizedStocksLive #WeakNFPShakesRateHikeOdds #PredictWorldCup🇧🇷vs🇳🇴 #ETHBreaks1700 #MetaSellsComputeTriggersChipSlump $BTC $BTC
BTC-0.47%
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GaslightGuardian
· 2h ago
The impact of Meta selling computing power on chip stocks is greater than on the crypto circle.
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CatPawTapToConfirm
· 2h ago
The word "capitulation" is overused. Every time they say it's different this time.
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NonceNomad
· 2h ago
#ETHBreaks1700 The neighbor is also stealing the show.
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GateUser-99725296
· 2h ago
Whether the Q3 rally can emerge depends first on whether August can hold 6w.
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DaoScraps
· 2h ago
Institutional ETF buying and retail liquidity are two different things, don't confuse them.
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QuietValidator
· 2h ago
This indicator was correct in 2018 and 2022 too, but only being correct three times counts as a pattern, right?
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SeaSaltMarketMakingNotes
· 2h ago
The number -0.35 looks familiar; at the end of 2022, it was also ground out around this area.
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OnchainComplainer
· 2h ago
Long-term holders should instead check their wallets, not exchanges, at this point.
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ProofOfNap
· 2h ago
The bottom is a zone, not a point. Don't go all-in.
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FudAlsoNeedsAnImage
· 2h ago
Those who cut losses below cost price - see if they'll slap their thighs in regret three months later.
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