#比特币波动性 $BTC Has this round of correction finally dropped enough? I recently saw a report from Glassnode, and some of the data in it is quite intriguing.

Bitcoin has now entered a deeply oversold zone, with the price repeatedly swinging between $84,000 and $90,000. To be honest, this kind of sideways consolidation is often a sign that a bottom structure is quietly forming. Although the overall trend hasn’t completely reversed yet, you’ll notice the selling pressure is clearly not as fierce as before, the pace of capital outflows is slowing down, and market sentiment is shifting from panic-driven selling to more rational stop-losses.

Looking at the details: spot trading volume continues to be sluggish, ETF funds are still experiencing net outflows, which suggests both institutions and retail investors are on the sidelines. But it’s often this kind of cold period that brews a turning point. In the options market, volatility is narrowing, defensive positions dominate, and the fear index has cooled off quite a bit.

Low on-chain activity and a decrease in profitable addresses are indeed negative signals, but these are typical characteristics of a deep correction and serve to clear out weak hands for the next rebound.

For retail investors, rather than chasing at the top, it’s better to gradually build positions during these quiet times. Pay more attention to the $84,000 support level, don’t go all-in, manage your position sizes, and use the oversold state to swap for chips. Remember this rule: real bottoms always form quietly and unnoticed.