On April 14th, Glassnode published its weekly market outlook, noting that Bitcoin's price momentum increased by 51.7%, breaking through previous highs, reflecting a significant strengthening of spot buying pressure and a shift toward stronger market buying support. On the other hand, Bitcoin futures open interest continued to rise, and the options Delta skew showed a moderation of bearish bias. Coupled with cooling on-chain activity, this suggests that the current phase is one of consolidation with improving sentiment.

Glassnode stated that, from a profitability perspective, market pressure has eased. Overall, various indicators collectively indicate that the market is exhibiting strong bullish sentiment, increased investor participation, and enhanced risk appetite, despite some cautious sentiment and signs of market stabilization. #Gate13周年Dr.Han公开信