Glassnode: LTHs Drive 65% Exchange Loss Flows

Glassnode data shows more than 65% of current exchange inflows stem from long-term holders realizing losses, a pattern that defined sell-side pressure in past bear market phases before exhaustion set in.

With BTC at $64513.05, price sits inside Bollinger Bands between $61927.77 support and $66180.66 resistance while EMA50 at $63780.04 and EMA200 at $63717.82 act as concrete long-term floors; the MACD death cross at 291.39 signals weakening momentum despite neutral RSI at 54.27, pointing to a probable retracement toward the 50-EMA before any sustained continuation in this BTC price prediction environment still dominated by cycle-top distribution.