BTC Market Pulse: Week 15
Bitcoin's recent breakout signals a renewed attempt to challenge resistance levels. Spot markets show early demand returning with a positive RSI and CVD, though exchange volume remains light. Derivatives indicate reduced leverage and a more balanced market, while options traders are seeking downside protection. ETF outflows are narrowing, suggesting reduced institutional selling pressure. On-chain activity remains subdued but is improving, with reduced loss-driven spending. Overall, the rebound appears constructive but lacks strong participation; sustained recovery will require higher volume, capital inflows, and network activity.
insights.glassnode04/06 14:04
