๐ August 7 | South Korea
Just as many were celebrating the potential return of the bull market, a recent analysis from CryptoQuant throws a cold shoulder: Bitcoin's rally could be entering a cooling-off phase. Despite solid fundamentals, selling pressure and on-chain signals suggest the rally could pause... at least for now.
๐ง The Fever Has Dipped: Why CryptoQuant Says Bitcoin Is Entering "Cooldown Mode" ๐ถโ๐ซ๏ธ
In its latest report, South Korea-based on-chain analytics firm CryptoQuant warned that Bitcoin may have entered a temporary cooling-off phase.
๐ What exactly does this mean?
Despite institutional accumulation and optimistic fundamentals, data shows a decline in bullish momentum.
The illiquid supply ratio has begun to stabilize, suggesting that long-term holders have slowed their accumulation.
A slight increase in BTC inflows to exchanges is also detected, which could herald profit-taking.
๐ Key metrics observed by CryptoQuant:
Spent Output Profit Ratio (SOPR) approaching 1 โ indicates that many are selling at breakeven.
Exchange reserves show a slight increase โ possible latent selling pressure.
Miner flows are also picking up โ some miners may be liquidating.
Although there are no signs of capitulation or aggressive bearish patterns yet, the conclusion is clear: the market is taking a breather.
๐ฌ According to CryptoQuant:
โIt's not the end of the uptrend, but it is a necessary pause to consolidate before a new push.โ
Topic Opinion:
Today's CryptoQuant notes this isn't an alarm signal, but rather a call for caution.
Many retail traders believe bull runs are linear. But market history proves otherwise: big moves are built on intelligent pauses.
Now more than ever, the focus should be on risk management, on-chain reading, and long-term strategy. Bitcoin isn't dead (far from it), but this โrespiteโ is a warning not to get carried away by FOMO.
๐ฌ Are you going to buy the dip or do you prefer to wait for confirmations?
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