Deep Tide TechFlow news: On July 17, according to Cointelegraph, Glassnode data shows that the “cycle peak buyers” holding Bitcoin for 1–2 years have displayed early signals, which may indicate the bottom of the 2026 bear market. After that group’s losses broke above the 30-day moving average of $75 million, they began to fall again; historical data shows that when this trend reverses, it often signals that selling pressure has run out and a market bottom is near.

Analysts note that the cost basis of short-term holders is around $69,000, aligning with the previous high before the 2021 bull market, making it the next key price battleground. Glassnode says that if the price effectively reclaims this level, upside recovery room will open; if it is rejected, the range-bound consolidation pattern may continue.