According to @glassnode, on-chain signals remain constructive as fundamental activity continues to recover and profit and loss metrics improve modestly, source: @glassnode on X, Jan 5, 2026. According to @glassnode, capital flows have softened, signaling consolidation rather than broad distribution, source: @glassnode on X, Jan 5, 2026. According to @glassnode, early accumulation behavior persists, source: @glassnode on X, Jan 5, 2026.