Analysis of on-chain indicators, whale flow, and ETF dominance point to a capitulation phase in Bitcoin. LTHs are realizing losses and paying attention to the $60k support level.
The cryptocurrency market is cyclical, and knowing which phase we're in is the difference between an investor who capitulates and one who builds wealth. A thorough analysis of recent on-chain data suggests that Bitcoin is going through a classic capitulation zone—a scenario that has historically preceded significant recovery movements.
