Bitcoin (BTC) miners are accumulating more coins, signaling potential market confidence. According to CryptoQuant data reported by Beincrypto, miner holdings have been on the rise since April 29th. This increase follows a period where miner holdings dipped to a yearly low of 1.8 million BTC, triggered by a cryptocurrency market downturn. The renewed accumulation began as the BTC price recovered, exceeding $65,000. This suggests miners, who are integral to the Bitcoin network, are bullish on Bitcoin's future price. However, the perpetual futures market presents a mixed signal. Negative funding rates on major exchanges indicate prevailing selling pressure. This suggests that while miners are accumulating, futures traders are anticipating a possible short-term price correction. The overall market sentiment remains cautious, balancing miner optimism with futures market skepticism. ```

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