📈 On-chain analytics and institutional trends

🔥 #Аналітики Glassnode recorded a rare signal: long-term holders began selling at a loss (SOPR < 1). Such behavior is typically characteristic of deeper stages of the market #ведмежого . There is also a decrease in inflows to exchanges

🔥 According to Bloomberg, institutional investors are increasing their share of cash and liquid assets. Outflows from American #BTC-ETF have now continued for the fifth consecutive week. Technical analysts point to the formation of a "bear flag" with targets of $55,000 for $BTC BTC and $1,100 for $ETH .