Bitcoin Market Cycle in Mid-Phase, Room for Growth

Based on the RHODL Ratio chart obtained from the Coinglass platform, the ratio is positioned in the middle zone, between the green and red areas. Historically, this range signifies a market transition phase, neither in an overbought condition nor undervalued. The RHODL ratio has not yet reached the red zone, indicating that short-term investor frenzy has not set in. This suggests that the market has not yet entered a price bubble stage and still has room for further growth. Simultaneously, the RHODL indicator has moved away from deep lows in the green zone, implying the end of a deep accumulation phase and the beginning of a steady growth phase. Additionally, Bitcoin's price line (yellow line) is moving sideways with stability, which signals market absorption of liquidity and readiness for the next bullish wave. The current RHODL ratio status indicates we are in the middle of the market cycle – not at historical lows nor at euphoric highs. This leaves room for Bitcoin price appreciation, although caution should be exercised in capital management.