Bitcoin’s rebound from the $60,000 area has given bulls something to work with, but Glassnode’s latest market read suggests the recovery still needs stronger confirmation before traders can call it a clean trend reversal.
In its Week 25 Bitcoin Market Pulse, Glassnode described the recent move as a stabilization phase rather than a decisive breakout. The key point is that some of the immediate panic has faded, but the broader market still lacks the kind of capital inflow and trading activity that usually supports a more aggressive upside leg.
TL;DR
Bitcoin has rebounded from the $60,000 region, easing some downside pressure.
Glassnode says the move still looks more like base-building than a full trend reversal.
Trading volume, open interest, and capital inflow signals remain weak.
Traders are watching whether BTC can defend the recent recovery zone or slip back into consolidation.
Bitcoin Rebound Still Needs Stronger Confirmation
The bounce from $60,000 matters becau
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