📊 GLASSNODE CONFIRMS BTC WEAKNESS: NO UPWARD MOMENTUM + BELOW NEW BUYER PRICE

Glassnode analysis: Bitcoin hasn"t formed clear upward momentum and currently trading below original price for new buyers.

Technical confirmation of institutional exodus:

• On-chain data validates weakness despite Saylor "laser eyes" optimism

• New buyers underwater on initial purchases - retail pain confirmed

• No momentum formation while institutional selling accelerates

• Technical breakdown matching ETF outflow patterns ($273M daily)

Data vs narrative disconnect:

• Saylor bullish signals vs Glassnode bearish confirmation

• Mining losses ($19K per BTC) + technical weakness + institutional exodus

• Brazil government adoption vs retail/institutional selling pressure

• Google $5B AI investment while crypto struggles for momentum

When Glassnode confirms no momentum while institutions dump billions, technical analysis validates fundamental outflows.

$TRADOORUSDT $XNYUSDT $STGUSDT

#BTCUSDT