Glassnode: Capital Rotation Ignores Bitcoin, On-Chain Support Structure Continues to Weaken
Source：
x.com
According to on-chain data analysis platform Glassnode (@glassnode), the current Consumer Confidence Index has hit a historic low, yet the stock market continues to reach new highs. Capital is accelerating from cash into stocks, AI, and commodities, while Bitcoin has been significantly overlooked in this rotation. On-chain data shows that the thick buy order support wall previously formed below the price has been continuously receding since June, and the bottom support structure is visibly thinning.
