Glassnode reports Bitcoin is retesting the True Market Mean and notes that a pullback to the short-term holder cost basis at $75.8k would still leave the setup intact for continuation in the prevailing uptrend.

Bitcoin holds above $75k as true market mean eyes $76k next with 4h RSI at 92.76 and MACD golden cross intact.

Bitcoin stays capped under True Market Mean with $65k-$70k support; easing spot selling and heavy shorts signal potential squeezes amid weak demand.