#GENIUSActPass

According to the latest analysis from Glassnode, one of the most respected on-chain monitors in the crypto world, Bitcoin has entered a high-risk structural zone. What does this really mean? That current investor behaviors could be threatening the continuation of the bullish trend.

Bitcoin on unstable ground: Will it withstand the pressure or will we see a historic drop?

📊 What's happening?

  • Increase in profit-taking: Long-term holders are starting to sell.

  • Increase in leverage: Many derivative trades are at extreme levels.

  • Decrease in net inflows on exchanges: Sign that fresh capital is slowing down.

Glassnode warns that when the market enters this phase, historically a severe correction occurs… or a prolonged consolidation.

💣 Breakout or consolidation?

Experts like Willy Woo and CryptoQuant agree: if BTC doesn't strongly surpass $114,000, selling pressure could intensify and drag it towards key support levels ($102K–$104K).

However, the general sentiment remains optimistic… unless the whales start offloading en masse.

🛑 Signals to watch:

  1. SOPR level (realized profit/loss): close to the breakeven point.

  2. Adjusted leverage index: at its highest point since April.

  3. Decrease in inflow volume in ETFs: indicates institutional caution.

Are we facing a healthy pause in the BTC rise or on the brink of a major shake that will rattle the market?

$BTC