Glassnode: Bitcoin Volume Holds Above August Low

Glassnode data shows bitcoin native traders remain active after the retrace, with volume holding above the August low that marked the lowest levels since 2023.

Price action on the 4h chart sits at $80275.75, testing upper Bollinger resistance at $80214.85 while the MACD golden cross at 317.03 keeps the bullish structure intact above the EMA50 support at $78669.63. With RSI at 65.49 still neutral, the setup favors a measured pullback toward that EMA50 level before any continuation higher, as the sustained volume prevents a return to the apathy seen earlier in the year.