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Based in Switzerland
Bitcoin has slipped below its multi-week range just as the Fed decides on rates. Support under price is thin, but the potential catalyst here is strong. Our latest Week On-Chain report covers what to watch for.
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Breakdown into Thin Support

Bitcoin has slipped out of its recent range and back under the True Market Mean, yet it has held up well through a failed Senate vote and a sharp altcoin sell-off, with a rate hike expected today. New

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Bitcoin is still stuck beneath the edge of a thick resistance band. Moving above this level, would indicate a shift in long term market structure. A return lower would result in significant pain for late longs.
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The Ceiling Everyone Can See

Bitcoin has climbed back to the edge of a resistance band that cost-basis data, the liquidation map and institutional break-even levels all draw in the same place, yet the selling into it is the

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Bitcoin has stalled below long-term overhead supply. The trading range is well-defined by two cost basis clusters. Liquidation clusters also provide significant confluence. Read our latest Week On Chain Article
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Doubt at the Boundaries

Following the mid-August short squeeze and a brief wave of euphoria, Bitcoin stalled immediately below long-term overhead supply. With sovereign yields setting new cycle highs and ETF turnover

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Squeeze into Supply: The Week On-chain 34 is live. What stands between this recovery and the January high is one band of supply between $81K and $86K. Bitcoin ran 26% off its mid-August low on a record short flush, and real money followed it up.
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Squeeze into Supply

A record short liquidation event ignited a 26% rally off the mid-August low, and real money paid for it: the strongest ETF intake of the year, coins leaving exchanges, every cohort accumulating. What

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Elevated yields keep BTC anchored near cycle lows while gold and oil rally. Price sits below two key cost bases in a shallow capitulation. Perpetual demand improves but US spot lags and volatility compresses. The bottoming process is underway.
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Yields Anchor, Capitulation Grinds

Executive Summary Dollar weakness has failed to lift Bitcoin as US 10-year yields climb toward 4.7%, keeping financial conditions restrictive and leaving elevated real yields as the dominant macro

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Sellers are tiring but buyers are absent. However, leverage traders have already pulled the trigger on a recovery the data does not yet support. The market is coiled tightly between converging cost-basis levels on the quietest tape since 2019.
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Trigger Happy

Bitcoin is wound tight between converging cost-basis levels on the quietest tape since 2019. Sellers are tiring and buyers are absent, yet leverage has already pulled the trigger on a recovery the

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Global markets broke to records while Bitcoin stood still. This edition traces that stillness: a theft the market slept through, bottom signals arriving through boredom and an options market priced for nothing while sentiment reacts to everything.
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Priced For Nothing, Reacting To Everything

Global markets broke to records while Bitcoin stood still. This edition traces that stillness: a theft the market slept through, bottom signals arriving through boredom rather than capitulation, and

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