Data: BTC rebounded to $94,000, but the market is still not fully optimistic
glassnode posted on platform X that Bitcoin has rebounded to around $94,000, but the market is still not fully optimistic.
Although momentum has improved and trading volume has increased, the spot CVD and open interest (OI) have declined. Options trading shows a demand for hedging downside risks, while ETF outflows indicate weak market demand.
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