Sasha why NOT

#BTC continues its correction after the ATH. Glassnode and CryptoQuant have identified key support zones.

🔢 Glassnode Analysis

- Fair value: $71,300 - $91,900.

- Accumulation Trend Score indicates a dominance of selling pressure.

- Cost Basis Distribution (CBD) reflects weakening bullish activity.

- Liquidity gap: $70,000 - $88,000 — a probable bottom zone.

🎨 CryptoQuant’s Perspective

- Support level: $75,000 - $78,000.

- Break below could lead to a drop to $63,000.

- $BTC -ETF holders and whales are reducing accumulation.

🔎 Conclusion

A 22% correction is standard for a bull run, but on-chain metrics suggest market weakness. A possible $75,000 - $100,000 range before a new rally.

Where is the bottom? $70,000 - $91,900. Expecting BTC below $75K? 💡

#Macro Insights#