Citing NewsBTC, on-chain analytics firm Glassnode has warned that Bitcoin could be at risk of a deeper bear market if the long-term holder liquidity ratio continues to compress. The STH Realized Profit/Loss Ratio has dropped to 0.07, indicating heavy losses among short-term holders, while the LTH ratio remains at 408, showing long-term holders are still realizing significant profits. However, if the LTH ratio falls below 10x, the likelihood of a prolonged bear market increases.
Glassnode Warns Bitcoin Could Face Deeper Bear Market If Liquidity Ratio Compresses
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