Glassnode: Bitcoin RHODL ratio rises to the highest level of the current cycle, indicating a shift in market cycle and a cooling of speculative heat

According to Glassnode data, the RHODL ratio of Bitcoin has turned upward, reaching the highest level of the current cycle. This indicates an increase in wealth held by single cycle holders, while short-term activity from 1 day to 3 months remains sluggish. Historical data shows that this change usually marks a shift in market cycles and a cooling of speculative enthusiasm.