Bitcoin has finally broken through the 91,000 level, but to be honest, my mindset is a bit tense right now. The biggest concern is the CME gap issue. If it opens sharply higher tomorrow, no one can say whether it will fill the gap or not, so it's safer to take profits early and protect your capital—that's the best strategy.
Ethereum is rising along with Bitcoin, but its gains are noticeably smaller, and the discussion volume is actually quite high. At this stage, there's no need to overcomplicate things; just keep an eye on Bitcoin's movements to grasp the overall trend.
In the past two days, on-chain activity data for SOL has finally attracted more attention. The key now is whether this on-chain heat can truly translate into the coin's price. If it can't even reflect that, then just keep waiting.
Interestingly, Glassnode data shows that the market still exhibits typical characteristics of a prolonged bear market cycle. This is quite awkward—on-chain data is cold and detached, while price action is hot and lively, with the two operating on completely different frequencies.
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PerennialLeek
· 01-05 17:52
CME gap is really incredible, just afraid of waking up and flying to the sky directly
Following ETH is just so-so, just keep an eye on BTC to gather dust
SOL's popularity is just that, but the conversion rate is impressive
The discrepancy between on-chain data and price, what does it mean?
Already at 91,000 and still dare to chase? I'll lock in profits first and then talk
View OriginalReply0
MissingSats
· 01-05 15:24
CME gap is always shocking, but when it really happens, it's just so-so.
SOL on-chain popularity versus price? Haha, still a bit naive.
Prices are hot, but data is cold—this discrepancy is indeed outrageous.
Bitcoin this wave, just make some profit and run, don’t wait for it to turn around and bite.
Ethereum's performance is really a bit uncomfortable.
People trusting Glassnode must be pretty devastated now.
Getting out with guaranteed profit is the real deal; greed never ends well.
View OriginalReply0
BearMarketMonk
· 01-05 08:45
Breaking through the 91,000 level is just so-so; the CME gap really is a curse. I make some profit and then run, I don't believe in this set.
ETH really can't rally this time; just follow BTC and have some soup, too lazy to look at complicated stuff.
High on-chain data activity on SOL doesn't necessarily mean it's useful; if you can't transfer coins, the price is just air.
The most embarrassing thing is still Glassnode's data—cold on-chain activity versus the daily rising price, it's really absurd.
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GateUser-2fce706c
· 01-04 05:51
I've always said this wave is the best opportunity to get on board. Those still struggling with the CME gap haven't grasped the main point; the overall trend is already very clear.
This is the real wealth code—on-chain data shows cold prices and hot activity. What does it mean? It indicates that the major players are quietly accumulating. Our job is to see the big picture clearly and not be scared off by small fluctuations.
I've been following the SOL track for three years. The on-chain heat and price movement are just a matter of time. Those still waiting now will only regret it later.
Bitcoin at 91,000 is not the end. The real opportunity lies in the next few weeks. Whoever can seize the first-mover advantage will win.
Although ETH's price increase is small, it precisely indicates there is still huge room for a rebound. I've always said to be patient.
View OriginalReply0
RugpullTherapist
· 01-04 05:48
CME gaps are really cursed; just make some profit and run, don't be greedy
ETH following the trend is really disappointing; better to continue holding BTC's thigh
On-chain data is hot but the price of the coin remains stagnant, that's the most heartbreaking
Data looks good and the market looks good too, but there's no money in the wallet haha
SOL only counts if it truly breaks below, anything else is pointless now
Bear market characteristics are everywhere, but everyone is still sleepwalking
Secure your gains first, the gap filling can be deadly
View OriginalReply0
MidnightTrader
· 01-04 05:47
CME gap really is annoying, it should have been filled long ago
Make money and run, that's the mindset of a seasoned trader
ETH is just a follower, waiting to see BTC's face
What's the big deal about SOL on-chain data? The price doesn't move, it's all just a prelude to harvesting retail investors
Glassnode's data doesn't match the market trend, this market looks like a big scam
Even after breaking 91,000, why are you still so anxious? If your mentality collapses, just stop trading
On-chain activity and price are two different things, I've seen through it long ago
If there's a gap up tomorrow, I'll admit defeat. Anyway, I won't make much money
That's why I only do short-term trading; long-term holdings are all trapped
Who still trusts on-chain data? It's just self-comforting.
View OriginalReply0
GasFeeCrybaby
· 01-04 05:45
The mentality is so tense that as soon as the CME gap appears, I start having nightmares.
Why is ETH still trailing behind? Don't you have any ideas of your own?
The on-chain data for SOL is so hot, yet the coin price is still a pigeon, really heartbreaking.
I believe what Glassnode said; the market is like this, with data and price as two parallel lines that never intersect.
What's so exciting about 91,000? Let's talk again when it drops back to 85,000 tomorrow.
Take profits and run; saving your life is the priority. If you can't play in this market, then don't play.
View OriginalReply0
RugPullAlarm
· 01-04 05:37
CME gap is so obvious, I knew someone would get trapped. On-chain data is all there, still believing in the upward channel? Wake up.
The on-chain heat of SOL can't turn into price, what does that mean? It means the chips haven't truly come in at all. Don't be fooled by false prosperity.
By the way, why are Glassnode data and spot market prices still diverging? Isn't this a typical sign of false capital? Large investors have already been front-running.
ETH's gains are not without reason; just look at the flow of large addresses to understand. The main players are slowly offloading, and you don't know it.
91,000 can't be maintained; the technicals can't support this price. It's no surprise that tomorrow's gap won't be filled.
Wait, can someone help me check if there have been any suspicious large transfers to exchanges recently? I'm worried it's another setup for a new round of harvesting.
View OriginalReply0
RebaseVictim
· 01-04 05:36
Just waiting for the CME gap to give me a slap in the face, really exhausted.
Speaking of ETH, this wave really feels like following the trend, the increase in price was pretty much in vain.
SOL on-chain activity conversion rate, now that's the real highlight, right? The data looks good, but the price needs to reflect it.
Bear market characteristics + bull market trends, coexisting so awkwardly—who can understand?
Making profits and running is the truth; everything else is nonsense, no need to hold on stubbornly.
View OriginalReply0
StableGenius
· 01-04 05:29
tbh the CME gap anxiety is exactly why most retail gets liquidated—you're already thinking like a victim. empirically speaking, if on-chain data's actually screaming bear cycle vibes while price action's running hot? that's the divergence that eats portfolios alive. glassnode doesn't lie, price action does it constantly.
Bitcoin has finally broken through the 91,000 level, but to be honest, my mindset is a bit tense right now. The biggest concern is the CME gap issue. If it opens sharply higher tomorrow, no one can say whether it will fill the gap or not, so it's safer to take profits early and protect your capital—that's the best strategy.
Ethereum is rising along with Bitcoin, but its gains are noticeably smaller, and the discussion volume is actually quite high. At this stage, there's no need to overcomplicate things; just keep an eye on Bitcoin's movements to grasp the overall trend.
In the past two days, on-chain activity data for SOL has finally attracted more attention. The key now is whether this on-chain heat can truly translate into the coin's price. If it can't even reflect that, then just keep waiting.
Interestingly, Glassnode data shows that the market still exhibits typical characteristics of a prolonged bear market cycle. This is quite awkward—on-chain data is cold and detached, while price action is hot and lively, with the two operating on completely different frequencies.