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
With the new Bitcoin ETFs now live for over a month, Bitcoin has continued to impress investors, rallying to over $52k, and holding that level. Meanwhile, many in futures markets continue to bet against the trend, seeing an uptick in short liquidations.
Topics for Discussion:
- Global market assessment using NUPL and MVRV indicators.
- Analysis of futures market open interest, and leverage ratio.
- Observations of short-side interest betting against the trend.
- Overview of exchange flows, comparing dominance of the majors.
Key Dashboards
π₯ Mastering Realized Cap Report: https://glassno.de/3PA7kCy
πΈ Mastering Realized Cap Dashboard: https://glassno.de/3YgoxUg
βοΈ Mastering MVRV Dashboard: https://glassno.de/3IRQB9k
π Start your Glassnode Advanced free trial today: https://glassno.de/3QFXu0S
π¬ Technical Analysis Toolbox: https://glassno.de/3MPzgRv
π Spotting Cycle Tops and Bottoms Dashboard: https://glassno.de/cycleextreme
π» Recovering From a Bitcoin Bear Dashboard: https://glassno.de/recoveringbear
π¦ Exchanges Dashboard: https://glassno.de/3RimWJY
πΈ Realized Profit Loss Dashboard: https://glassno.de/3H6c8dz
π΅ Pricing Models Dashboard: https://glassno.de/3J9hVkW
π HODL Wave Dynamics: https://glassno.de/3xzSmTn
π Bitcoin Price Performance Dashboard: https://glassno.de/3UwBRCf
π¦ Shrimp Supply Sink Report: https://glassno.de/41hmhgp
π Realized Profit/Loss Momentum: https://glassno.de/3P6XkAq
πͺ Capital Rotation Dashboard: https://glassno.de/3P78rbu
Getting Started with Glassnode:
π Navigating Tops and Bottoms: https://glassno.de/3OpgSgA
βοΈ On-chain Activity: https://glassno.de/3xXM13Q
βοΈ Mining Fundamentals: https://glassno.de/3nnfL5m
πͺ Supply Dynamics: https://glassno.de/3NyhPlK
π°οΈ Introduction to Lifespan: https://glassno.de/3ehCmzn
πΈ Realized and Unrealized Value: https://glassno.de/3ExnCa1
π΄ Long and Short-Term Holders: https://glassno.de/3QLUzCt
Timestamps
0:00 Introduction
2:20 NUPL by Cohort
7:31 MVRV by Cohort
11:24 Futures Open Interest
13:16 Binance vs CME Open Interest
14:27 Futures Funding Rates
17:00 Long Liquidation Dominance
20:37 Leverage Ratios
23:25 Exchange Inflow/Outflow Volumes
25:30 BTC vs ETH Exchange Flow Dominance
28:03 Summary and Conclusions
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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.