According to Cointelegraph, onchain analysis firm Glassnode suggests Bitcoin's onchain structure "remains fragile." The analysis warns of a potentially prolonged consolidation period for the BTC price. The report indicates uncertainty in the market, with analysts suggesting that the cryptocurrency may experience an extended period without significant upward or downward price movement. The analysis focuses on the current state of Bitcoin's onchain metrics and their implications for future price action.

According to Cointelegraph, onchain analysis firm Glassnode suggests Bitcoin's onchain structure "remains fragile." The analysis warns of a potentially prolonged consolidation period for the BTC price. The report indicates uncertainty in the market, with analysts suggesting that the cryptocurrency may experience an extended period without significant upward or downward price movement. The analysis focuses on the current state of Bitcoin's onchain metrics and their implications for future price action.