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© 2026 The Markets Unplugged · Data in. Conviction out. - Published with Ghost & Aspect

Bitcoin Monthly On-Chain Report: Reset Phase Or Deeper Trend Damage?

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    Bitcoin on-chain analysis, market cycles, and holder behaviour at The Markets Unplugged. Creator of Alt Sector Radar and Bitcoin Barometer. Maps on-chain signals to cycle phases.
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  • January 30, 2026
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  • 7 min read
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Bitcoin Monthly On-Chain Report: Reset Phase Or Deeper Trend Damage?
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Data Cut Off: 30 Jan 2026, 16:32 (UTC). Glassnode Pulse snapshot dated 26 Jan 2026 (UTC).


This is the monthly paid-member on-chain report for January 2026. It is designed to answer one question, is this month’s drawdown a healthy reset, or the start of a deeper trend change.

How to use this report: read the Executive Summary first, then scan the Key Points, then use Scenarios and Invalidation Conditions as the practical checklist for next month.

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Doc Doc
Bitcoin on-chain analysis, market cycles, and holder behaviour at The Markets Unplugged. Creator of Alt Sector Radar and Bitcoin Barometer. Maps on-chain signals to cycle phases.
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© 2026 The Markets Unplugged · Data in. Conviction out. - Published with Ghost & Aspect
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The Markets Unplugged · Data in. Conviction out.
  • Home
  • Dashboard
    • - Member Videos
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    • - Unplugged Picks
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    • - Macro For Beginners
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  • X
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© 2026 The Markets Unplugged · Data in. Conviction out. - Published with Ghost & Aspect
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