Bitcoin Bear Market Still Here According to On Chain Data

Recent data from the Bitcoin blockchain suggests the current bear market is far from over. Market analysts are looking closely at supply metrics, which show that sellers still hold the upper hand. While traders always look for signs of a major trend change, the on chain numbers tell us we are not quite there yet.

This update is a good reminder that market shifts take time. Even when prices bounce around, the underlying data points need to line up before we can call a confirmed reversal. Right now, the metrics simply do not support a full transition into a lasting bull run.

Traders should keep a close eye on supply trends and exchange inflows over the coming days. If selling pressure stays high, the market could see more sideways movement or downward tests. Patience is key while we wait for clearer signals from the blockchain.