According to Glassnode, the recent cryptocurrency bull market, potentially ending with the early October all-time high (ATH), experienced relatively modest drawdowns. This trend mirrors the market behavior observed during the 2015–2017 cycle, indicating a less volatile correction phase. Such patterns may influence trading strategies and long-term investment decisions in the crypto space.

According to Glassnode, their latest Market Pulse report offers comprehensive insights into both on-chain and off-chain data, helping traders better understand cryptocurrency market dynamics. This analysis is crucial for identifying trends and making informed trading decisions.

According to @glassnode, the Realized Profit-to-Loss Ratio (90D-SMA) has been in decline since late July, reaching approximately 1.45. This marks a significant decrease in market profitability despite a second all-time high in early October. The metric remains above levels historically linked to extreme capitulation, signaling ongoing but reduced profitability.

According to Glassnode, on-chain investor behavior observed around Halloween indicated a potential shift into a bear market. Over the next approximately 100 days, cryptocurrency prices experienced a significant contraction of 45%. Glassnode now revisits key on-chain metrics to evaluate the depth and duration of this bear market phase, providing insights into investor sentiment and market trends.

According to @simplykashif, Bitcoin has fallen below its True Market Mean, described as a long term fair value level, citing Glassnode. According to @simplykashif, the last comparable break in August 2023 was followed by roughly a 15 percent drawdown, citing Glassnode. According to @simplykashif, if a similar pattern repeats, BTC could slide toward the mid 60K area, citing Glassnode.

According to @glassnode, on-chain signals are stabilizing as fundamental activity and capital flows improve modestly, indicating easing market stress. Source: Glassnode on X, Jan 19, 2026. @glassnode also states that profit and loss conditions continue to recover, but overall conviction remains moderate. Source: Glassnode on X, Jan 19, 2026.

According to @glassnode, XRP’s current market structure mirrors February 2022, with 1W–1M active investors accumulating below the 6M–12M cohort’s cost basis, which @glassnode states is building psychological pressure on prior top buyers. According to @glassnode, the $2.0 level remains a major psychological zone for XRP holders, and each retest since early 2025 has coincided with $0.5B–$1.2B in weekly realized losses, underscoring how this price level influences spending behavior. According to @glassnode, these on-chain dynamics make $2.0 a crucial decision area for XRP market participation and risk management, with spending patterns shifting near that level.

According to @glassnode, crypto options volume has been gradually picking up since the start of the year, and the flow looks steady rather than reactive, per @glassnode. This pattern suggests new positions are being built quietly with a multi-week horizon, according to @glassnode.

According to @simplykashif, citing Glassnode, new Ethereum network addresses over the past 30 days rose from over 4 million to about 8 million, a roughly 100% increase, based on Glassnode data shared on Jan 16, 2026. @simplykashif reports that this 30-day address creation figure marks a sharp uptick in Ethereum on-chain address growth, according to Glassnode.

According to @glassnode, BTC spot is $97,000 while the STH Cost Basis is $98,400, the Active Investors Mean is $87,800, the True Market Mean is $81,100, and the Realized Price is $56,200 (source: @glassnode, glassno.de/3XDy2xe). Based on these on-chain price models, spot sits about 1.4% below the STH Cost Basis, roughly 10.5% above the Active Investors Mean, about 19.6% above the True Market Mean, and around 72.6% above the Realized Price (source: @glassnode, glassno.de/3XDy2xe). For trade planning, the nearest higher model level is $98.4K, while $87.8K and $81.1K are the next lower model references, with $56.2K as the cycle baseline from the same dataset (source: @glassnode, glassno.de/3XDy2xe). A prior update in the same thread also reported spot around $89.9K with STH Cost Basis $98.9K, Active Investors Mean $87.7K, True Market Mean $81.0K, and Realized Price $56.2K, illustrating intraday shifts in these reference levels (source: @glassnode, x.com/glassnode/status/2009253874389987758, glassno.de/3XDy2xe).

According to @glassnode, Ethereum’s Month-over-Month Activity Retention shows a sharp spike in the New cohort over the past 30 days, indicating a surge in first-time interacting addresses. source: Glassnode tweet Jan 15, 2026 https://twitter.com/glassnode/status/2011836691179278556 and Glassnode data link https://glassno.de/3ZaUPRQ According to @glassnode, recent Ethereum network activity is being driven by an influx of new wallets rather than solely by existing participants. source: Glassnode tweet Jan 15, 2026 https://twitter.com/glassnode/status/2011836691179278556

According to @glassnode, Bitcoin started the year with constructive momentum, registering two higher highs and extending the price to 98,000 dollars, highlighting a strong bullish impulse for BTC short-term trend traders; source: @glassnode on X Jan 14 2026, Week On-Chain report glassno.de/49GNka9. According to @glassnode, the advance now confronts a historically significant supply zone, indicating notable overhead supply that has previously capped price and may act as resistance for momentum strategies; source: @glassnode on X Jan 14 2026, Week On-Chain report glassno.de/49GNka9. According to @glassnode, traders should closely monitor price reaction at this supply zone for breakout confirmation or rejection-driven pullbacks, aligning risk management with increased volatility typical near such levels; source: @glassnode on X Jan 14 2026, Week On-Chain report glassno.de/49GNka9.

According to @glassnode, the latest market move triggered the largest short-liquidation event across the top 500 cryptocurrencies since October 10 (source: Glassnode). Based on Glassnode’s data, the broad short liquidations imply mechanical buy-backs to close positions, elevating intraday volatility and warranting tighter risk controls for leveraged traders (source: Glassnode). Given the reported liquidation spike, traders should monitor derivatives metrics such as funding rates, open interest, and liquidation heatmaps to assess whether squeeze pressure persists or fades in the next sessions (source: Glassnode).

According to @glassnode, The Bitcoin Vector #38 has been presented by Glassnode and is built by Swissblock in collaboration with Willy Woo, confirming a new BTC-focused publication is available for review; source: @glassnode. The announcement lists the presenter and collaborators but does not disclose specific metrics, signals, or price levels in the provided excerpt, so traders should consult the original post for actionable data; source: @glassnode.

According to glassnode, corporate Bitcoin treasuries held by public and private companies rose from about 854,000 BTC to about 1.11 million BTC over the past six months, source: Glassnode on X Jan 13 2026. That equals a net increase of roughly 260,000 BTC, or about 43,000 BTC per month, underscoring steady corporate balance sheet expansion into BTC, source: Glassnode on X Jan 13 2026. Public company BTC treasuries continued to increase even during BTC's recent drawdown from 125,000 dollars, with little evidence of forced selling despite some equities trading below mNAV, source: Rafael n3ocortex via Glassnode on X Jan 13 2026. For trading, the reported six month accumulation pace near 43,000 BTC per month is a persistent demand input to monitor alongside price and liquidity, source: Glassnode on X Jan 13 2026.

According to @glassnode, the Short-Term Holder Cost Basis Distribution heatmap indicates Bitcoin consolidating between $80K and $95K with a top-heavy cost-basis profile dominated by recent buyers, signaling significant overhead supply. Source: Glassnode on X, Jan 13, 2026. @glassnode reports renewed demand has reappeared above $80K, but sell-side inventory from recent entrants has been absorbing bounce attempts and anchoring price within the range. Source: Glassnode on X, Jan 13, 2026. For traders, this defines $80K as a key demand pivot and the $90K–$95K band as a supply-heavy resistance zone until short-term holder inventory is absorbed. Source: Glassnode on X, Jan 13, 2026.

According to @glassnode, long-term BTC holder distribution has decelerated and net outflows have rolled over from extreme levels, indicating the market is progressively absorbing long-held supply (Source: Glassnode, Jan 12, 2026). According to @glassnode, this suggests a large portion of overhead supply may now be largely worked through, implying reduced structural sell pressure into rallies (Source: Glassnode). For traders, according to @glassnode, the combination of slower long-term holder distribution and easing net outflows points to diminishing overhead supply risk and a strengthening market structure to monitor on-chain (Source: Glassnode).

According to @caprioleio, early Bitcoin holders have resumed selling, indicating renewed distribution by OG cohorts that may matter for near-term BTC market structure. Source: @caprioleio on X, Jan 11, 2026. Traders can confirm and gauge magnitude by monitoring three on-chain signals: Spent Output Age Bands for old-coin spending, Long-Term Holder SOPR for long-term holder realization behavior, and BTC exchange inflows to spot venues for potential sell-side supply. Source: Glassnode metrics documentation and dashboards. The post did not quantify size or timing of the selling, so traders should seek on-chain confirmation before adjusting positioning or leverage. Sources: @caprioleio on X, Jan 11, 2026; Glassnode metrics suite.

According to glassnode, with BTC spot trading around $89.9K, the on-chain STH Cost Basis is $98.9K, the Active Investors Mean is $87.7K, the True Market Mean is $81.0K, and the Realized Price is $56.2K, marking slight shifts in key thresholds traders monitor for positioning and risk management, source: x.com/glassnode/status/2009253874389987758 and glassno.de/3XDy2xe. According to glassnode, an earlier intraday snapshot showed spot near $87.8K with STH Cost Basis $99.9K and True Market Mean $81.1K, underscoring incremental model adjustments that traders can reference for short-term entries and exits, source: x.com/glassnode/status/2005211175923958231 and glassno.de/3XDy2xe.

According to @glassnode, Altcoin Vector #36 delivers professional-grade insights into altcoin market volatility and identifies high-conviction setups across altcoin markets to support trading decisions; source: @glassnode. The report is presented as an exclusive weekly resource designed to help traders pinpoint actionable opportunities in altcoins; source: @glassnode.