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Glassnode: BTC rebounds to $94,000, but market still cautious

Summary: According to reports, Glassnode posted on X platform that Bitcoin rebounded to around $94,000, but the market remains cautious. Despite improved momentum and increased trading volume, spot CVD and open interest (OI) have decreased. Options trading indicates demand for hedging downside risks, while ETF outflows suggest weak market demand.

According to reports, Glassnode posted on X platform that Bitcoin rebounded to around $94,000, but the market remains cautious. Despite improved momentum and increased trading volume, spot CVD and open interest (OI) have decreased. Options trading indicates demand for hedging downside risks, while ETF outflows suggest weak market demand.

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