logo

CryptoQuant: The Market Has Entered a Phase of Structural Adjustment, Continued Downtrend Still Highly Likely

By: theblockbeats.news|2025/12/05 17:16:00
0
Share
copy

BlockBeats News, December 5th, CryptoQuant analyst @AxelAdlerJr combined Bitcoin on-chain signal indicators' analysis and stated that the current market has entered a deep adjustment phase, which lasted for one year in the previous cycle. The current Bitcoin's largest drawdown from its all-time high is -32%, in the intermediate zone between a deep pullback and market bottoming, there is still a risk of continued decline if the macroeconomy and on-chain signals do not improve.

In summary, the current signal combination indicates that the market has entered a structural adjustment phase: the NUPL corresponds to bear market territory in history, and the -32% drawdown has exceeded the typical periodic correction. As long as there are no signs of improvement in on-chain and macro indicators, the possibility of continued decline remains high, recovery takes time, and a shift in the network's sentiment within the profit-loss structure is needed.

-- Price

--

You may also like

Tom Lee's Ethereum Thesis: Why the Man Who Called the Last Cycle Is Doubling Down on Bitmine

Tom Lee is emerging as one of Ethereum’s most influential supporters. From Fundstrat to Bitmine, his Ethereum thesis combines staking yield, treasury accumulation, and long-term network value. Here is why “Tom Lee Ethereum” has become one of crypto’s most watched narratives.

Naval personally takes the stage: The historic collision between ordinary people and venture capital

Naval personally stepped in as the chairman of the USVC Investment Committee. This SEC-registered fund launched by AngelList attempts to bring top private tech assets like OpenAI, Anthropic, and xAI to the general public with a $500 entry threshold. It is not just a new fund, but a structural experi...

a16z Crypto: 9 Charts to Understand the Evolution Trends of Stablecoins

Stablecoins are evolving from trading tools into universal payment infrastructure, and this process is quieter and more thorough than most people expected.

Refutation of Yang Haipo's "The End of Cryptocurrency"

This may be the true test of cryptocurrency. It's not about whether the price has reached a new high, nor about who will achieve financial freedom in the next bull market, but rather whether, after all the grand narratives have been washed away by cycles, it can still leave behind some simpler, more...

Can a hairdryer earn $34,000? Interpreting the reflexivity paradox of prediction markets

Prediction markets are essentially betting on reality, and when participants can access or even influence this path earlier, the market no longer just reflects reality but begins to shape it in return.

6MV Founder: In 2026, the "landmark turning point" for crypto investment has arrived

"I will deploy funds in 2026, so I will tell you this is the best year in history."

Contents

Popular coins

Latest Crypto News

Read more