Early Signs of On-Chain Improvement
According to the latest weekly report from Matrixport, despite Bitcoin's temporary pressure at the end of 2025, recent data indicates a positive shift in its on-chain structure.
Several key indicators are stabilizing, suggesting reduced downside risks and a possible transition from a fragile market environment. If prices remain above critical support levels, there is still potential for a short-term rebound.
Challenges Remain for Upside Momentum
However, the current recovery faces notable obstacles. First, there is a lack of consistent inflows of new capital. Second, long-term holders show limited willingness to accumulate, both of which constrain further upward movement.
- Limited inflows restrict sustained momentum
- Weak accumulation by long-term investors reflects cautious sentiment
Even if prices temporarily break out, forming a durable trend remains difficult. Investors should remain cautious of renewed market corrections.
A Prudent Approach Makes Sense
Given this context, a more appropriate strategy is to stay engaged with selective participation and focus on structural opportunities.
It is advisable for investors to patiently wait for clearer confirmation signals from metrics such as fund flows and on-chain profitability before gradually increasing exposure.