- Daily realized profits have fallen 47% from June’s peak to $1.17B, indicating fading market momentum and fragile balance.
- Bitcoin ETF inflows have dropped 50% to 980 BTC daily, showing weakening institutional demand through traditional finance channels.
Bitcoin is currently trading near $114,390 while testing a crucial price zone. The cryptocurrency has shown reduced price fluctuations since early September. This period of decreased volatility began after Bitcoin reached a low of approximately $107,000.
3/ Market momentum can be assessed from several angles—one being capital inflow via Realized Profit (30D-SMA). It’s now at $1.17B/day, down ~47% from the $2.2B June peak, yet still above the bear-phase baseline (<$0.8B). Momentum is fading, and the balance is becoming fragile.… pic.twitter.com/7JC1bqY8Nz
— glassnode (@glassnode) September 9, 2025
Market analysis from Glassnode suggests this calm trading environment will likely prove temporary. Historical patterns indicate that periods of low volatility often precede sudden price movements. The analytics firm notes the market appears to be approaching a potential breakout point.
“However, the drop to $107,000 triggered fear-driven selling from top buyers, forming a textbook setup for local bounce-backs. A short-term rally toward $114,000 is likely, but as long as price trades below that level, the broader bias leans toward bearish continuation.”
One measurable indicator of changing market conditions is realized profit. The current daily realized profit stands at $1.17 billion. This represents a 47% decrease from June’s peak of $2.2 billion per day. While reduced, this figure remains above the $800 million level typically seen during bear markets.
5/ However, the drop to $107k triggered fear-driven selling from top buyers, forming a textbook setup for local bounce-backs. A short-term rally toward $114k is likely, but as long as price trades below that level, the broader bias leans toward bearish continuation.… pic.twitter.com/xZMF31IxtO
— glassnode (@glassnode) September 9, 2025
Investment flows into U.S. spot Bitcoin ETFs demonstrate a similar trend. The 90-day average net inflow now measures approximately 980 BTC daily. This reflects a 50% reduction from July’s peak of 1,960 BTC per day.
Bitcoin (BTC) is trading at $114,920, showing a 1.16% increase in the last 24 hours and a 1.52% gain over the past 7 days. The market capitalization stands at $2.29 trillion, with a circulating supply of 20 million BTC. The 24-hour trading volume is approximately $45.79 billion, indicating sustained liquidity and active trading across major exchanges such as Binance, Gate, and Bybit. BTC’s intraday price range has fluctuated between $113,625 and $116,309, reflecting moderate volatility within a broadly bullish short-term trend.
Technically, BTC remains above key support at $113,500, with immediate resistance near $115,500–$116,000. Price action suggests consolidation within this range, and a decisive breakout above $116,000 could set the stage for a retest of $118,000–$120,000 levels.
Conversely, if selling pressure intensifies, a pullback toward $112,000–$112,500 is possible. Moving averages show upward alignment on daily charts, but relative strength indicators indicate slightly overbought conditions, signaling that short-term retracements may occur.
Recent news has been positive for BTC sentiment. Bitcoin ETFs recorded $757 million in inflows on Wednesday and $553 million on Thursday, totaling $1.7 billion over four trading sessions, reflecting strong institutional demand. Glassnode co-founders projected new Bitcoin highs in the coming weeks, alongside potential price milestones for Ethereum and Solana. Additionally, a dormant wallet containing 132.03 BTC, inactive since 2012, moved funds this week, injecting further market interest and attention from traders.
