According to Foresight News, Glassnode's analysis indicates a mixed state in current on-chain external signals. The Relative Strength Index (RSI) is moving towards a neutral zone, and spot Cumulative Volume Delta (CVD) has shown improvement, although trading volume has decreased. Futures open interest has slightly increased, while funding rates have declined. Options skew remains high, with traders incurring costs for downside hedging. Additionally, ETF inflows have slowed, and trading volume remains subdued.