📈 Bitcoin remains in a consolidation phase between $76k and $87k, with signs of seller exhaustion but no sustained bullish momentum. An on-chain 'Death-Cross' indicates potential prolonged bearish conditions, as investor profitability deteriorates. Meanwhile, Ripple's XRP network sees a +490% spike in address activity, driven by retail interest, though profitability is fading.
🔍 Despite short-term relief rallies, broader market trends suggest caution. Bitcoin's correction post-$109k ATH shows increasing losses, while XRP's retail-driven surge may have peaked, indicating fragile market conditions. Stay informed with Glassnode's on-chain analysis.