- Glassnode emphasizes Bitcoin’s firm support at $93k–$100k range.
- Profit-taking slows, balancing institutional demand.
- Institutional ETF inflows contributing to market support.
Bitcoin remains within a $100k–$110k range, according to crypto analytics firm Glassnode’s latest report on June 26, 2025. Despite profit-taking and subdued activity, institutional inflows into spot Bitcoin ETFs continue to add market support.
Bitcoin remains in a $100k–$110k range as profit-taking slows and activity metrics cool. While support at $99k holds, fading spot volume and transaction activity paint a picture of a market in consolidation… – Glassnode Insights
Glassnode’s analysis highlights Bitcoin’s robust market structure above critical support levels, indicating a period of consolidation. The presence of sustained institutional inflows contrasts with diminishing profitability and activity, suggesting a market awaiting new stimuli.
Glassnode has pinpointed a consolidation phase for Bitcoin, indicating a balance between strong institutional inflows and retail profit-taking. Bitcoin’s price remains between $100k and $110k, marking reduced market activity while maintaining crucial support.
The firm’s analysis sheds light on the actionable behavior of holders and institutional players, hinting at continued consolidation. While institutional inflows remain solid, they have yet to outweigh profit-taking by whales and retail investors, resulting in a temporary stalemate.
The market’s immediate impact shows a maintenance of Bitcoin’s support structure despite a recent 2% monthly increase, the smallest in a year. This balance appears to be set by ETF inflows against significant profit-taking pressure.
Financially, the consolidation reflects both opportunity and caution among investors, revealing a lack of breakout momentum to new heights. Profitability metrics have slowed, and this consolidation phase may persist until fresh demand emerges.
Historical patterns suggest a possible plateau in the $100k–$110k range, mirroring past bull cycle behaviors. The interval resembles conditions from previous rises halted by structural supports, often followed by significant pressure shifts, either from demand spikes or selling.
The broader implications for Bitcoin’s next trajectory hinge on the market’s ability to absorb existing supply and reactivate profitability metrics. Until then, Bitcoin remains in a holding pattern, waiting for momentum shifts to potentially drive new highs.
