Analysis: Bitcoin short-term holders show extremely low activity, approaching the historical bottom zone.
1 hours ago
South Korean crypto analyst Crypto Dan stated that Bitcoin is currently in a very cheap price range. From a cyclical standpoint, Bitcoin has reached a level similar to historical bottoms of past cycles. While it remains uncertain whether the lowest point has been hit, indicators show market participants’ interest in the crypto market is as low as it was during previous bottoms. Given the next bull cycle expected to start around 2027, the current price range is undoubtedly a bargain. A chart released by Crypto Dan reveals that Bitcoin’s Realized Market Cap to UTXO Ratio is currently at a historical low of around 5%, matching the lows seen in prior cycle bottoms. This indicates extremely low activity among short-term holders and weak market interest, mirroring typical historical bottom regions.
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