$BTC

market recedes, bull market surges?

Short-term selling pressure has noticeably weakened, while long-term holders are starting to enter the market. This is the classic bottom signal: when retail investors panic and flee, smart money quietly buys in, and the market begins to ferment.

Meanwhile, in the past 24 hours, BTC trading volume surged by 20% to reach $47 billion—this is not just a typical rebound, but the final blow of a surrender-style washout!

Who is betting? Who is retreating?

An on-chain whale has opened a long position worth $364 million with a leverage of over 20 times. This is a massive vote of confidence in future trends—they never chase prices, only 'buy when others panic'.

The short sellers' liquidation is the best 'fuel' for this wave of market action.

Global Liquidity: The Market's Biggest Wildcard

Currently, the Global Liquidity Index (GLI) has returned to the level it was at when Bitcoin broke through $100,000; this is not a coincidence.

Rover points out that historically, every time the GLI rises, BTC initiates a significant price movement. Now this rhythm is aligning again!