Three major institutions clash fiercely! Has Bitcoin really hit bottom?

Bitcoin rebounded from 57,750 to 64,700. Just as the market is starting to warm up, the views of three leading institutions are completely at odds—every disagreement is fully on display!

Glassnode (slightly more hawkish): The bottom is still far away
Long-term holders’ single-day loss-driven selling has hit a new high since 2022. The core chips are still cutting losses; the sell pressure hasn’t cleared yet, so it’s hard to say a true bottoming reversal has formed.

CryptoQuant (more neutral): Just a bear-market bounce
This upward move is only a repair of conditions on the surface. The underlying market logic and liquidity have not undergone any fundamental change—don’t blindly call for a bull run.

Bitwise (more bullish): The mildest bear market in history
This round of drawdown is only 50%, far below previous bear-market major waves. The bottom of the cycle keeps being lifted, and institutions continue low-level DCA accumulation; this is a normal cycle pullback.

Core consensus

The market is approaching the bottom-range area, but the short-term tug-of-war is still ongoing and volatility remains. This bear market’s strength is relatively weak, and there is sufficient value for long-term positioning.

There are clear splits on the funding side: institutions accumulate coins against the trend, while big whales trim holdings on strength—hawk-versus-bear competition continues.

Key playbook for retail traders

When the market is divided, there is no extreme market direction—opportunities and risks coexist.
In terms of action: build with long-term DCA, stay cautious defensively in the short term, and add again only after old “chip” sell pressure dissipates. Don’t follow emotions blindly, and don’t chase after institutions.

Opportunities often come in trading. Hold your rhythm steady and do a good job with risk control—you’re the winner #美伊战争阴云再起 #GateUS合规扩展佛罗里达 #美股AI概念股普涨 $BTC $ETH