Analyst TXMC recently highlighted an important observation: despite recent price pullbacks, Bitcoin’s on-chain activity continues to rise, which may indicate that the bull market is still intact. While price volatility often dominates headlines, on-chain metrics including active addresses, transaction volumes, and accumulation patterns offer a deeper view of market health. Rising activity during corrections suggests that long-term holders are accumulating and confidence in the asset’s fundamentals remains robust. From a technical perspective, Bitcoin has been consolidating near critical support levels, such as $95,000–$97,000, with immediate resistance around $102,000–$104,000. These zones are crucial for traders and investors alike: holding support may signal continued strength and potential for renewed upward momentum, while failure to maintain these levels could prolong sideways movement or trigger additional short-term corrections. Observing volume trends, higher lows, and momentum indicators alongside these key levels is essential for identifying the next directional move. Fundamentally, the market backdrop is cautiously constructive. Liquidity expectations, institutional engagement, and potential ETF approvals continue to provide support for the broader market. Coupled with rising on-chain activity, these factors indicate that the recent pullbacks may not signal weakness, but rather healthy consolidation within a larger bullish framework. Markets often reward patience and strategic positioning during these transitional phases. Personally, I am approaching BTC with disciplined accumulation and risk management. I’m scaling into positions near strong support, monitoring on-chain trends for confirmation, and avoiding impulsive decisions during short-term volatility. By focusing on structure, metrics, and long-term fundamentals, it’s possible to navigate these pullbacks without falling prey to emotional trading. Now I’d like to hear from the community: Do you agree with TXMC’s view that rising on-chain activity suggests the bull market remains intact? How are you positioning your BTC holdings amid this volatility cautiously accumulating, trading swings, or waiting for a clear breakout? Let’s share insights and strategies to navigate this phase together.
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Cryptogether
· 12-15 00:06
Ape In 🚀
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AlphaTraderX
· 12-14 10:06
Hold firmly the very, very, very, very, very, very, very, very strong currency
#BitcoinActivityPicksUp
✨ BTC Bull Market Signals Amid Pullbacks: Rising On-Chain Activity Suggests Strength ✨
Analyst TXMC recently highlighted an important observation: despite recent price pullbacks, Bitcoin’s on-chain activity continues to rise, which may indicate that the bull market is still intact. While price volatility often dominates headlines, on-chain metrics including active addresses, transaction volumes, and accumulation patterns offer a deeper view of market health. Rising activity during corrections suggests that long-term holders are accumulating and confidence in the asset’s fundamentals remains robust.
From a technical perspective, Bitcoin has been consolidating near critical support levels, such as $95,000–$97,000, with immediate resistance around $102,000–$104,000. These zones are crucial for traders and investors alike: holding support may signal continued strength and potential for renewed upward momentum, while failure to maintain these levels could prolong sideways movement or trigger additional short-term corrections. Observing volume trends, higher lows, and momentum indicators alongside these key levels is essential for identifying the next directional move.
Fundamentally, the market backdrop is cautiously constructive. Liquidity expectations, institutional engagement, and potential ETF approvals continue to provide support for the broader market. Coupled with rising on-chain activity, these factors indicate that the recent pullbacks may not signal weakness, but rather healthy consolidation within a larger bullish framework. Markets often reward patience and strategic positioning during these transitional phases.
Personally, I am approaching BTC with disciplined accumulation and risk management. I’m scaling into positions near strong support, monitoring on-chain trends for confirmation, and avoiding impulsive decisions during short-term volatility. By focusing on structure, metrics, and long-term fundamentals, it’s possible to navigate these pullbacks without falling prey to emotional trading.
Now I’d like to hear from the community:
Do you agree with TXMC’s view that rising on-chain activity suggests the bull market remains intact?
How are you positioning your BTC holdings amid this volatility cautiously accumulating, trading swings, or waiting for a clear breakout?
Let’s share insights and strategies to navigate this phase together.