Bitcoin at $78644 shows atypical 50% drawdown bottom with short squeeze momentum and capitulation signals, per Ki Young Ju interview takeaways on on-chain metrics.

Bitcoin at $75,706 signals capitulation with 11 indicators flashing best buy chance since 2022, aligning with bearish 4h chart trends and BTC price prediction opportunities.

According to Glassnode, the Realized Profit/Loss Ratio (90D-SMA) is trending lower at approximately 1.32, nearing the critical threshold of 1. Historically, a sustained drop below 1 has been associated with market capitulation, where realized losses surpass profit-taking. This indicates thinning liquidity and potential bearish momentum in the cryptocurrency market.