Institutional Analysis Report

Issue: Institutional Analysis - June (I) 2026
Data period: June 11-25, 2026
Publication date: June 25, 2026
Data source: CryptoQuant
Classification: CONFIDENTIAL

This briefing provides a comprehensive overview of Bitcoin market conditions, on-chain metrics, and derivatives structure based on data for the period from June 11 to June 25, 2026. It analyzes the market’s transition from a bullish phase to a period of structural stress, localized capitulation, and shifting institutional behavior.

Methodology note. All signals and framework assessments in this report are generated by Weekly Engine - a 7-layer model that defines the cycle phase (Bull/Bear) and produces a weekly action from the following set: BUY, BUY DIP, HOLD, WAIT, REDUCE, SELL, EXIT. A full description of the architecture, signal taxonomy, and track record is provided in Appendix A. Data sources and disclosures are provided in Appendix B.

The Bitcoin market is currently defined by a “risk-off” regime against a backdrop of rising structural stress. Although several indicators point to a bottom-formation process, the market still lacks the final extreme capitulation seen in previous cycles. Key observations: