Glassnode Founder: Bitcoin Faces Mechanical Unwind, Market Stress Is Isolated
TLDR: Bitcoin’s MACD hits all-time low despite only 33% price drop, signaling mechanical selling. RSI indicates near-capitulation levels, yet no macro or ETF-driven stress exists. Altcoins and Ethereum remain resilient despite prolonged BTC liquidation flows. Single participant’s structural unwind drives market pressure, broader crypto cycle intact. Bitcoin is showing unusual price behavior that experts attribute [.] The post Glassnode Founder: Bitcoin Faces Mechanical Unwind, Market Stress Is Isolated appeared first on Blockonomi.