⚠ Glassnode analysts signal a shift in $BTC market momentum — and its not bullish. Across spot, futures, options, and #ETF flows, activity has cooled significantly ❄ Here’s what’s unfolding: 📉 Momentum is fading across all major market segments 💤 Trader interest is waning in both derivatives and spot 🚨 Seller exhaustion is starting to appear ⚠ But despite that, the market structure remains fragile and vulnerable to more downside This paints a complex picture — while selling pressure may be easing, the lack of fresh demand or strong conviction leaves BTC exposed to volatility. Glassnode warns: Without renewed participation or bullish catalysts, the path of least resistance may still lean downward 📉 Traders and investors should watch key support levels and on-chain signals closely — this isn’t the time for complacency. 🧠 Stay informed. Stay strategic. #Macro Insights#BTCUnbound