According to the latest report from CryptoQuant, a bearish trend for Bitcoin is becoming evident with a significant number of signals indicating a decline. This highlights the need for careful attention to the current market situation.
Indicators of Bearish Trend
The Bull Score Index from CryptoQuant shows a bearish trend for Bitcoin as 8 out of 10 indicators signal a cool-off in momentum. Analyst JA Maartun states: "8 out of 10 signals in the CryptoQuant Bull Score Index are flashing bearish for Bitcoin. Momentum is clearly cooling." The situation indicates a decline in Bitcoin demand, with only two indicators remaining positive.
Market Impact
There is a slowdown in treasury purchases and new capital inflows. Centralized exchanges are demanding a more cautious approach from investors. Bitcoin is showing poorer performance compared to altcoins and traditional assets, as emphasized by analyst Augustine Fan from SignalPlus. The MVRV-Z score, profit/loss index, and stablecoin liquidity indicate decreases in profitability and liquidity.
Historical Parallels and Future
By examining previous similar situations in April and July 2025, it can be noted that they coincided with local price drops for Bitcoin. Historical correlations suggest multi-week corrections. Additionally, macroeconomic changes related to labor market conditions and expected interest rate adjustments may impact the market. In particular, The Kobeissi Letter noted that "the market expects a 0.75% rate cut by the end of the year, despite rising inflation."
Given the indications of a bearish trend and declining activity in the market, investors are strongly advised to closely monitor changes, as they may lead to significant price fluctuations for Bitcoin in the coming weeks.
