By Bitcoin.com - 1 tausaga talu ai - Taimi Faitau: 4 minute
Glassnode Lipoti Fai mai Bitcoin's 2022 Tau Pa'u Fa'atusaina o le Bear Maketi o 'Fa'asolopito Fa'asologa'
The crypto economy has slipped under the $1 trillion mark to the $970 billion range, as a large number of digital currencies have lost more than half their USD worth since November 2021. Bitcoin is down 70% from the all-time high last year, and a new report from Glassnode Insights calls the current bear market “a bear of historic proportions,” while highlighting that “it can reasonably be argued that 2022 is the most significant bear market in digital asset history.”
Glassnode Researchers: ‘Bitcoin Is Currently Experiencing the Largest Capital Outflow Event in History’
Many people understand that the crypto economy is currently in a bear market but no one knows where it will lead or when it will end. Bitcoin and the crypto economy, in general, have been through several bear markets and a recent Glassnode Insights tala fai mai atonu e sili ona leaga i faamaumauga. O le kamupani auʻiliʻili Glassnode o loʻo tuʻuina atu se auiliiliga o bitcoin's (BTC) pa'u tau o lo'o iai nei ma pe na fa'afefea ona pa'u le aseta numera i lalo ole 200-day moving average (DMA). O le 40-vaiaso taimi e tuʻuina atu ai i le aufaioloa se vaʻaiga pe o le a faʻaauau pea ona pa'ū le tulaga o loʻo i ai nei ma e mafai foi ona iloa ai tau o le fola.
Glassnode a O loʻo faʻamatalaina e le pou le Mayer Multiple ma le 200DMA ma le auala e mafai ai ona latou faʻailogaina se urosa poʻo se maketi povi. "Pe a fefaʻatauaʻi tau i lalo ole 200DMA, e masani ona taʻua o se maketi urosa," faʻamatalaga auiliiliga a Glassnode. "Pe a fefaʻatauaʻi tau i luga aʻe o le 200DMA, e masani ona taʻua o se maketi povi." E le gata i lea, o le Glassnode e faʻaaogaina faʻamatalaga e pei o le "tau iloa," "faʻaogaina le pulou," ma le tau o maketi ma le tau oscillator (MVRV Ratio).
"O le suiga o le 30-aso o le faʻaogaina o le pulou (Z-Score) e mafai ai ona matou vaʻavaʻai i le tupe faʻaletupe faʻaletupe faʻaletupe / alu i fafo i totonu o le BTC asset on a statistical basis,” Glassnode’s blog post explains. “By this measure, bitcoin is currently experiencing the largest capital outflow event in history, hitting -2.73 standard deviations (SD) from the mean. This is one whole SD larger than the next largest events, occurring at the end of the 2018 Bear Market, and again in the March 2020 sell-off.”
O le Glassnode o loʻo suʻesuʻeina ma talanoaina le maketi o loʻo i ai nei mo se taimi umi ma i le aso 13 o Iuni, na lomia ai se vitio called “The Darkest Phase of the Bear.” The video looks into whether or not it is the final phase or final capitulation period in bitcoin’s price cycle. Historically, BTC ua pa'u 80%+ i lalo i ana maketi tetele uma o urosa ma le 80% pa'u i le tau mai le $69K e $13,800 i le iunite. O nisi o le aufaipisinisi crypto e talitonu o le iʻuga o le urosa atonu e latalata ae o isi e manatu e leʻi oʻo mai le tele o tiga. O le tiga sili, le loloto o le atuatuvale, le pito sili ona maualalo, poʻo le pito i lalo atonu e leʻi oʻo i totonu.
Glassnode’s report details that because bitcoin got so large, the impact has been magnified. “As the bitcoin market matures over time, the magnitude of potential USD denominated losses (or profits) will naturally scale alongside network growth,” Glassnode’s research report says. “However, even on a relative basis, this does not minimize the severity of this $4+ billion net loss.”
E suʻesuʻe foʻi e tagata suʻesuʻe Glassnode ethereum (ETH), o se tupe siliva lea masani pa'u ifo i lalo BTC’s 80% drawdown. “Ethereum prices have spent 37.5% of its trading life in a similar regime under the realized price, a stark comparison to bitcoin at 13.9%,” Glassnode researchers wrote. “This is likely a reflection of the historical out-performance of BTC i le taimi o maketi bear a'o tosoina e le aufaipisinisi tupe faavae i luga atu o le tulaga lamatia, e o'o atu ai i taimi uumi o ETH fefa'ataua'iga i lalo o fa'avae tau a le aufaipisinisi."
Glassnode faaopoopo:
O le taamilosaga maualalo ole MVRV o loʻo i ai nei o le 0.60, ma naʻo le 277 aso i le tala faʻasolopito o loʻo faʻamauina se tau maualalo, e tutusa ma le 11% o tala faʻasolopito.
Vaiaso talu ai, BTC ma ETH tau fa'atupula'ia le tau ina ua mae'a fa'aletonu i le vaiaso na muamua atu ma tumau fa'atasi mo le tele o le vaiaso. BTC o loʻo paʻu pea tau i le 8.1% i le lua vaiaso talu ai ma o le tau o le aseta crypto ua paʻu i lalo 0.3% i le 24 itula talu ai. ETH tau fa'asolo ile 0.1% ile 24 itula talu ai ma lua vaiaso fa'aalia fa'amaumauga ETH ua pau i lalo na o le 1.3% i le tala Amerika. O le pou a Glassnode o loʻo faʻaalia ai o faʻamaumauga ma suʻesuʻega na faia e faasino i se tasi o maketi sili ona taua o le crypto bear i le talafaasolopito.
O le lipoti a Glassnode Insights e faaiuina i le faapea mai:
O su'esu'ega 'ese'ese o lo'o fa'amatalaina i luga o lo'o fa'ailoa mai ai le tele o tupe gau, le fua o le fa'aleagaina o tupe faavae, ma fa'alavelave mata'utia na tutupu i nai masina talu ai. Ona o le umi ma le tele o le maketi o loʻo i ai, o le 2022 e mafai ona finauina e avea ma maketi pito sili ona taua i le talafaasolopito o aseta numera.
O le a sou manatu e uiga i le lipoti a le maketi urosa a Glassnode? E te fai mai o se tasi lea o maketi sili ona leaga i luga o faʻamaumauga? Faailoa mai ia i matou lou manatu e uiga i lenei mataupu i le vaega o faʻamatalaga o loʻo i lalo.
Punavai autu: Bitcoin.com