The cryptocurrency market decline during November may indicate a true bottom. According to the latest analysis data from Glassnode, these indicators have surpassed levels seen since the FTX collapse.

When examining market dynamics, it appears that the current decline is more than just a short-term correction; it could be part of a deeper market cycle. Data obtained from blockchain analysis tools reveal significant changes in investor behavior.

Encountering such clear indicators after the FTX crisis suggests that the market has entered a new phase. For crypto asset holders, this period could present a critical opportunity to understand the market cycle.