ChainCatcher Message, Glassnode's latest analysis shows that the Bitcoin price is currently below the 111-day moving average ($93,000) and the 200-day moving average ($87,000), and has recently tested the 365-day moving average ($76,000). These long-term moving averages have always been seen as key support levels for the market, and the current breach may suggest that market sentiment is undergoing a deep structural change. Investors need to closely monitor on-chain data to assess future market trends and ensure wise decisions amid volatility. The dynamic changes in the market are worth continuous attention to timely adjust investment strategies.