BlockBeats News, January 23 — Glassnode published a weekly report stating that Bitcoin remains in a low participation state, with price movements driven more by a lack of pressure rather than active trading interest. On-chain data continues to reflect oversupply and fragile structural support, while spot capital flows have improved but have not yet translated into sustained accumulation.
Institutions and corporate demand remain cautious, with treasury company fund flows stabilizing, and trading activity concentrated in sporadic transactions. Derivatives participation remains subdued, futures trading volume has shrunk, and leverage use is moderate, further exacerbating the liquidity-constrained market environment, making prices increasingly sensitive to small position changes.
Overall, the market seems to be quietly building a bottom, but this consolidation is not due to excessive participation or enthusiasm, rather because investor confidence has paused. Everyone is waiting for the next clear catalyst to reignite broader market participation and momentum.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Jimmy Song explains why Bitcoin needs a 'conservative' node client
The Bitcoin (BTC) network needs a “conservative” Bitcoin client node software implementation to preserve its monetary properties and strengthen network decentralization, according to Jimmy Song, co-founder of ProductionReady, a non-profit organization funding open source Bitcoin node software
Cointelegraph9m ago
Ex-UK Chancellor backs bitcoin as alternative to failing systems
Kwasi Kwarteng, the former UK Chancellor, reflects on his short tenure and the missteps of the mini-budget while advocating for long-term economic thinking. He now focuses on bitcoin and monetary innovation as part of his role with Stack BTC.
CoinDesk1h ago
Solana Holds Key Support as Bitcoin Rally Lifts Crypto Market
Solana's price remained above $80 amid rising Bitcoin values, contributing to a broader crypto market recovery with a capitalization of $2.35 trillion. Institutional demand and easing geopolitical tensions supported this growth, while Solana led in decentralized finance activity, recording significant DEX and stablecoin volumes in March.
CryptoNewsLand2h ago
Bitcoin Prints Similar Bullish Chart to Previous Pump, Is Liquidity Ready to Return to the Crypto Market?
Bitcoin prints similar bullish chart to previous pump.
This leads experts to expect liquidity to return to the crypto market soon.
Will the crypto bull cycle enter a bullish extension phase?
The crypto market continues steadily in a sideways pattern, with the price of BTC currently
CryptoNewsLand3h ago
