$SOL
Bitcoin and Cycle Maturity: Signal from Glassnode
📊 The Percent Supply in Profit Oscillator metric shows: 90%+ of BTC supply has been in profit for 273 days.
📈 For comparison:
— 2013 — 145 days,
— 2017 — 335 days,
— 2021 — 251 days.
❗️ This indicates a mature stage of the cycle: almost all investors are 'in the black', pressure to take profits is increasing.
📄 The Glassnode report also states:
— slowdown in capital inflow at ATH $124.4k;
— increase in open interest for altcoins (ETH, SOL, XRP, DOGE);
— record dominance of ETH in perpetual futures — 67%.
⚡️ The market is entering a phase where Bitcoin begins to 'mature', and attention and speculative capital are increasingly flowing into altcoins.