Interesting data was published by Glassnode. Whenever the market price of bitcoin broke down the realized price, stuck there for a long time. On average, consolidation at the bottom took place 4-5 months and more, while now only a month has passed.
The exception was only in March 2020, so of course this cannot be called the golden rule. But the sign is clearly not bullish in the medium term. Before a full-fledged growth cycle, the accumulation must also be complete.
