Bitcoin Stabilizes Near Key Zone, But Glassnode Warns Capital Flows Remain Weak
Summary
Bitcoin’s rebound from around $60,000 has stabilized the market, but it does not yet confirm a full trend reversal. The move looks more like a pause in selling pressure than proof of strong new demand. Trading volumes and open interest remain weak, suggesting caution and limited capital inflows. The $60,000 area is still the key support level: holding above it keeps the recovery case alive, while losing it again would revive downside concerns. A stronger bullish case would require rising spot volume, improved derivatives activity, ETF demand, and steadier network or holder behavior. For now, Bitcoin appears less fragile than during the selloff, but still vulnerable to a fade if momentum and inflows do not improve.
