The post Crypto Market in Reassessment, Bounce Likely Ahead appeared on BitcoinEthereumNews.com.

Key Notes Bitcoin ETF inflows fell 80% last week amid post-ATH cooldown. Glassnode notes that the derivatives market is still elevated, showing leveraged optimism. On-chain metrics still show 96.9% of the BTC supply in profit. Glassnode’s latest weekly report suggests that Bitcoin BTC $118 317 24h volatility: 0.4% Market cap: $2.35 T Vol. 24h: $41.40 B rally has entered a “reassessment phase” after briefly touching its all-time high on July 14. The pullback led to a general cooldown across markets, but several indicators suggest the possibility of a price bounce in the near term. In the spot market, momentum has softened with the RSI indicating signs of buyer fatigue. While the trading volumes dropped to $8.6 billion, an uptick in cumulative volume delta (CVD) hints at renewed dip-buying interest. The derivatives market hints even more optimism, with futures open interest climbing to $45.6 billion. This suggests that traders are still willing to take leveraged bets. Glassnode reports a significant rise in funding rates on the long side and a decline in perpetual CVD, indicating reduced sell pressure. Options markets saw a 2.2% dip in open interest, but the volatility spread surged by 77%. Several other indicators suggest diminishing bearish sentiment and a tilt toward mild bullishness. However, spot Bitcoin ETFs recorded a steep drop in activity, with weekly net inflows plunging 80% to $496 million. However, Glassnode noted that ETF MVRV still remains high, signaling strong unrealized profits that could support further upside. #Bitcoin ETF inflows dropped 80% last week. But derivatives positioning remains elevated and on-chain data shows nearly all $BTC supply is still in profit. This week’s Market Pulse unpacks the shifting balance of conviction across market participants: https://t.co/4LBrKjNh0f pic.twitter.com/NavS6wo7nI — glassnode (@glassnode) July 29, 2025 Importantly, 96.9% of the BTC supply remains in profit. Though metrics like…

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Filed under: News - @ July 29, 2025 11:28 am