Description
Subscribe to our second channel - Glassnode Clips - delivers bite-sized weekly analyses, offering insights into Bitcoin and the wider crypto market's trends, performance, and on-chain metrics. https://www.youtube.com/@glassnodeclips
Bitcoin has broken to its fourth cycle all-time-high, rallying above $72k, and pushing sentiment one step closer to Euphoria. The classic wealth transfer from the HODLer cohort to speculators is now well underway, with significant upticks in spot profit taking, and demand for futures leverage.
📰 Written Report: https://insights.glassnode.com/the-week-onchain-week-11-2024/
📊 Live Dashboard: https://studio.glassnode.com/dashboards/woc-2024-11
🐂 Framework for Bull Markets: https://glassno.de/49O5MfU
Topics for Discussion:
- Assessment of the BTC price breaking to new ATHs at $72k.
- Comparison of this ATH break to those of prior cycles.
- Analysis of the Wealth Transfer from HODLers to Speculators.
- Observations of statistically high realized profit taking.
Key Dashboards
🥇 Mastering Realized Cap Report: https://glassno.de/3PA7kCy
💸 Mastering Realized Cap Dashboard: https://glassno.de/3YgoxUg
♟️ Mastering MVRV Dashboard: https://glassno.de/3IRQB9k
🚀 Start your Glassnode Advanced free trial today: https://glassno.de/3QFXu0S
🔬 Technical Analysis Toolbox: https://glassno.de/3MPzgRv
📟 Spotting Cycle Tops and Bottoms Dashboard: https://glassno.de/cycleextreme
🐻 Recovering From a Bitcoin Bear Dashboard: https://glassno.de/recoveringbear
🏦 Exchanges Dashboard: https://glassno.de/3RimWJY
💸 Realized Profit Loss Dashboard: https://glassno.de/3H6c8dz
💵 Pricing Models Dashboard: https://glassno.de/3J9hVkW
🌊 HODL Wave Dynamics: https://glassno.de/3xzSmTn
📈 Bitcoin Price Performance Dashboard: https://glassno.de/3UwBRCf
🦐 Shrimp Supply Sink Report: https://glassno.de/41hmhgp
📊 Realized Profit/Loss Momentum: https://glassno.de/3P6XkAq
🪟 Capital Rotation Dashboard: https://glassno.de/3P78rbu
Getting Started with Glassnode:
📈 Navigating Tops and Bottoms: https://glassno.de/3OpgSgA
⛓️ On-chain Activity: https://glassno.de/3xXM13Q
⛏️ Mining Fundamentals: https://glassno.de/3nnfL5m
🪙 Supply Dynamics: https://glassno.de/3NyhPlK
🕰️ Introduction to Lifespan: https://glassno.de/3ehCmzn
💸 Realized and Unrealized Value: https://glassno.de/3ExnCa1
👴 Long and Short-Term Holders: https://glassno.de/3QLUzCt
Timestamps
0:00 Introduction
2:10 Framework for Assessing Bull Markets
4:10 Price Breaks to ATH
5:38 Realized Cap ATH and Capital Inflows
8:06 Realized Cap HODL Waves
10:00 Long and Short-Term Holder Supply
12:34 Supply and Demand Equilibrium at Cycle Peaks
15:16 RHODL Ratio Analysis
17:51 RHODL Ratio Components
19:27 Realized Profit Analysis
22:15 SOPR vs Funding Rate Deep Dive
29:33 Summary and Conclusions
Follow us and reach out on Twitter 🐦: https://twitter.com/glassnode
Join our Telegram channel: https://t.me/glassnode
For on-chain metrics and charts, visit Glassnode Studio: https://glassno.de/3oRNXaf
About:
The Glassnode video report provides a weekly analysis update of the trends, performance, and onchain metrics for Bitcoin and the crypto market.
Disclaimer:
This report does not provide any investment advice. All data is provided for information purposes only. No investment decision shall be based on the information provided here and you are solely responsible for your own investment decisions.