What is the Glassnode cost basis crossover?

It compares the average on‑chain acquisition price of 1‑month holders to 6‑month holders. When the 1‑month basis rises above the 6‑month, it often signals momentum shifting to buyers. Traders look for the cross to hold for several sessions and align with higher lows.

How do HODL Waves help with timing entries?

HODL Waves show the age distribution of coins. After stress, a rise in 1–3 month bands hints at new accumulation while older coins stay inactive. That pattern, together with stronger price action, can support re‑entry decisions and reduce false signals.

Why is realized market cap useful for BTCUSD?

Realized market cap values each coin at its last move price, showing what holders paid. When it trends higher, it suggests coins are repricing upward, often aligning with healthier demand. Flat or falling realized cap can warn of weak follow‑through after bounces.

Which technical levels matter most right now?

Watch $75,644 and $74,420.69 as support, $84,138 as near resistance, and the 50‑day average at $89,813.60 as a trend gauge. If price closes back above the 50‑day with improving momentum, the case for a recovery phase strengthens.

Global Market Insights

BTCUSD Today, February 4: Glassnode Cost Basis Crossover Signals Shift

ByHuzaifa Zahoor February 4, 2026February 4, 2026

BTCUSD is in focus today as Glassnode points to a possible cost basis crossover between 1‑month and 6‑month holders. We break down what BTCUSD is signaling, how realized market cap and HODL Waves confirm trends, and what it means for Aussie traders. Price sits near $78,648 after a $75,644–$84,138 range, with volatility still high. We outline data to watch before re‑entry, plus practical levels, risk checks, and a simple plan for local accounts.