Bitcoin's been on a bit of a snooze fest lately, stuck in a "lengthy consolidation phase," says Glassnode. 💤

- Capital inflows have dropped, and short-term holders (STHs) are feeling the pinch, with many facing unrealized losses.

- Despite this, the losses are less severe than past crashes, like the March 2020 COVID dip.

- New investors are surprisingly chill, showing more confidence than during previous bearish trends.

- Glassnode hints at a potential market reversal, as Bitcoin stays above the STH cost basis of $63,900.

Stay tuned, HODLers! The crypto rollercoaster might just be gearing up again.