Market Plunges into Extreme Panic, Five Major Data Indicators Reveal BTC Buying Signals
The cryptocurrency market is experiencing extreme fear, with Bitcoin (BTC) dropping to $75,700 and Ethereum (ETH) to $2,220, causing $435 million in liquidations. A survey of 1,189 investors revealed that 45.6% believe BTC’s 2026 bottom will be between $75,000–$85,000, while 30.2% see it at $60,000–$75,000. Nearly half of respondents (47.2%) plan to DCA and hold long-term.
Key on-chain metrics from Glassnode indicate potential support levels: the short-term holder cost basis is $95,400, the active investor average is $87,300, the realized price is $80,500, and the network-wide average cost basis is $55,900. The ahr999 indicator, which recently fell below 0.45 for the first time since October 2023, suggests a buying opportunity below $76,000. Analyst Willy Woo’s CVDD model points to a hard bottom near $45,000, while the cost basis of large holder “Strategy” ($76,040) is seen as a critical support level. Overall, data suggests a potential bottom formation between $45,000–$76,000.
比推02/02 13:48