Yes

>>The Bitcoin stress cycle is coming to a close, yet traders might resent what follows.

The Bitcoin stress cycle is coming to a close, yet traders might resent what follows.

crypthub

about 8 hours ago

Stabilization vs. Reset

Bitcoin appears to have weathered the worst shock, but the data points to stabilization rather than a breakout. CryptoQuant suggests a broad deleveraging phase indicates a reset in progress. Despite easing market stress, Bitcoin has not yet defined a clear bottom in the current bear cycle. Analysts warn that the recent rally above $71 K may be only a temporary pause.

On‑Chain Stress Indicators

The short‑term Sharpe Ratio has plunged into negative territory, around –40, a level historically linked to strong buying zones. Past cycles showed that when the ratio fell this low, Bitcoin rebounded sharply. The 30‑day Buy/Sell Pressure Delta is moving from heavy selling toward neutral, signaling the middle stage of bottom formation. Real buying demand is still emerging, as the delta has not entered the strong‑buy “blue” region.

Current Market Outlook

Liquidity constraints, macro uncertainty, and weak sentiment keep risk elevated. However, the alignment of risk/reward metrics suggests the start of a new opportunity rather than an end. Bitcoin recently reclaimed $72 K and now trades in the low $71 K range. Investors who think in cycles may find attractive entry points as the market steadies.