Fidelity stated in its Q3 Signals Report that bitcoin’s Yardstick is hovering near historic lows, with the indicator remaining in the undervalued zone for 83% of the past 92 days. The current bear market has lasted 203 days to date, suggesting that October 2026 may represent a key timeframe for investors focused on cycle dynamics. The long-term holder to short-term holder realized cap ratio has reached 3.9, approaching the level of 4 that preceded major price bottoms in previous cycles. Bitcoin has retreated 5.5% from its five-week high of $67,000, falling below $63,000 before recovering slightly toward $64,000, which is acting as resistance.
Source: Read the original article
