📉 Glassnode: Crypto Market Shows Signs of Cooling Off

The market mood is shifting — from euphoria to caution. Here’s what the latest data reveals:

🔻 Spot & Perp CVD indicate increasing sell-side pressure

🏦 Institutional inflows into crypto ETFs down by 24.9%

🛡 Spike in demand for hedging — 25 Delta Skew now at 5.51

🔌 Bitcoin network activity slows with lower fees & transfer volumes

📊 BTC supply in profit drops to 93.6%

📉 RSI dips to 35.8 — officially in oversold territory

While sentiment is cooling, signs of seller exhaustion suggest a rebound could be on the table — especially if any bullish catalyst shows up.