The crypto market is currently in a bearish season, as confirmed by on-chain indicators. Demand has waned, liquidity is tightening, and technical structure shows downside risk.<\/p>\n
The market research firm CryptoQuant has released<\/a> a detailed assessment of the bear cycle, explaining just how much the bears have dominated.<\/p>\n According to the report, the CryptoQuant Bull Score Index, which hovered around 80 (the bullish territory) as bitcoin (BTC) peaked at $126,000 in early October, is now sitting at zero. The index entered bearish territory after the October 10 liquidation event, which resulted in $19 billion in losses. BTC was still trading around $110,000 at the time; as the asset\u2019s price hit $75,000, the index fell to zero.<\/p>\n At the time of writing, data from CoinMarketCap showed BTC changing hands below $68,000, with a 24-hour decline of at least 7%. Bitcoin\u2019s price has declined 23% since it fell below its 365-day moving average (MA) on November 12, 2025. The last time BTC fell below this metric was in March 2022. Analysts say<\/a> the asset\u2019s current performance is worse than the early 2022 bear phase.<\/p>\n With technical structure confirming downside risk, BTC has fallen below the lower band of the Traders\u2019 On-chain Realized Price. The level acted as the ultimate support during the bull market. The next support zone now lies between $70,000 and $60,000.<\/p>\n Amid the downturn<\/a> in prices, spot and institutional demand have remained weak. The Coinbase Bitcoin Price Premium has been negative since mid-October, indicating weaker demand in the U.S. than in the rest of the world.<\/p>\n Furthermore, the U.S. spot exchange-traded fund (ETF) market is witnessing a reversal in demand. This time last year, the products had loaded up more than 46,000 BTC; however, they are now net sellers, having offloaded about 15,000 BTC so far. Their sales have created a demand gap of more than 50,000 BTC, contributing to selling pressure.<\/p>\n In the last four months, Bitcoin\u2019s spot demand annual growth has fallen 93% from 1.1 million to 77,000 BTC. This shows that most of this cycle\u2019s demand growth has passed.<\/p>\n On the liquidity front, the 60-day growth of Tether\u2019s (USDT) market cap has turned negative (-$133 million) for the first time since October 2023. The stablecoin\u2019s expansion peaked at $15.9 billion in late October 2025. The reversal is typical of bear market cycles.<\/p>\n The post CryptoQuant Breaks Down Current Bear Market Signals<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The crypto market is currently in a bearish season, as confirmed by on-chain indicators. Demand has waned, liquidity is tightening, and technical structure shows downside risk. The market research firm CryptoQuant has released a detailed assessment of the bear cycle, explaining just how much the bears have dominated. BTC Falls Below 365-Day MA According to […]<\/p>\n","protected":false},"author":0,"featured_media":133328,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-133327","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/133327"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=133327"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/133327\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/133328"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=133327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=133327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=133327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}BTC Falls Below 365-Day MA<\/h2>\n
Demand Weakens, Liquidity Tightens<\/h2>\n