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Glassnode: The current market exhibits typical characteristics of a prolonged bear market phase
Mars Finance reports that on January 3rd, Glassnode posted on social media stating that the slowdown in capital inflow is occurring simultaneously with long-term holders accelerating their realization of losses. This market structure has gradually become apparent as prices fluctuate within a narrowing range, reflecting the increasing fatigue among investors due to the passage of time— a typical characteristic of a prolonged bear market phase.