Without context, the chart is difficult to apply to this discussion. Is this data for a single person, or for multiple people? Are the subject(s) fat-adapted prior to fasting, or simply fasting from a carb-burning state? Are the subjects overweight and have sufficient body fat to sustain their daily metabolic needs, if insulin is driven low? Or lean people who likely have insufficient body fat to fully fuel their metabolism when fasting?
I would not be at all surprised to find that cortisol rises during extended fasting, for the reasons you cite. But at the same time, my n=1 experience is that I see a dramatic rise in ketone production (as measured by breath acetone) when on an extended fast. And I know from prior fasts that during an extended fast, my glucose drops dramatically as well. Given that one issue with cortisol is that it can stimulate gluconeogenesis, that suggests that in my case, cortisol did not rise sufficiently to stimulate gng to an extent that would push up blood glucose level. All of which suggests that during an extended fast, I am burning fat and not seeing a large cortisol spike.
To be clear, Iām not suggesting that cortisol isnāt a factor, but absent the context behind the chart, itās not clear that itās applicable to fat-adapted ketonauts doing extended fasts.