In-Depth Analysis: Bitcoin Sends Key Signals – Is the Market Bottom Near?

On-Chain Metrics Signal Potential Shift

Recent data from CryptoQuant reveals that Bitcoin's long-term holders are approaching break-even points. Historically, such patterns precede bear market bottoms, though confirmation remains pending.

Market Sentiment Hits Extreme Fear

Despite rising panic, sentiment indicators have entered extreme fear zones. However, significant accumulation has emerged near the $60,000 support level, suggesting potential exhaustion of selling pressure.

Macro Conditions Pose Continued Challenges

Strong jobs data has delayed inflation report timing. Persistent high-rate expectations continue weighing on Bitcoin, keeping downside risks intact.