ChainCatcher message, Glassnode co-founder Negentropic shared insights on the Swissblock Bitcoin Fundamental Index (BFI) on social media. He pointed out that Bitcoin's liquidity is currently weakening, but network growth remains stable. Looking back at a similar cycle from December 2020 to February 2021, liquidity outflows had previously led to price adjustments, but network growth was unaffected.

At that time, as liquidity was re-injected into the market, prices saw a strong rebound. Negentropic believes that if current network growth remains at bullish levels, prices could rise again once liquidity returns. 📈💡