Glassnode Co-Founders Warn of Possible Rebound Crash for Bitcoin and Ethereum

The recent rally in Bitcoin and Ethereum prices may not be enough to signal a lasting trend reversal. According to the co-founders of Glassnode, a well-respected on-chain analytics firm, key technical indicators have yet to confirm a sustained recovery.

While price movements have been positive, On-Balance Volume (OBV) and momentum indicators remain weak. OBV measures buying and selling pressure by tracking volume flow, and its failure to confirm the price rise suggests the rally may lack strong support.

The broader macroeconomic environment also plays a role in crypto prices. Interest rate uncertainty, regulatory developments, and shifts in institutional sentiment continue to influence market trends. The Glassnode co-founders' analysis suggests that until volume and momentum align with price action, the market may not be out of danger.