Galaxy Says Bitcoin Bear Market Ended in June, Calls It a Buying Opportunity

Galaxy's call hinges on holder behavior rather than price action, which makes it a sentiment signal worth weighing against the absence of any on-chain confirmation in the item itself. The claim matters most to long-term holders and funds that treat research notes as positioning cues, since a bear-market-end call from a named desk can shape how that audience frames entry points. The open question is whether the fading long-term-holder selling Galaxy cites persists or reverses; a research note asserting a regime change is not the same as the market validating one.