TLDR

  • Bitcoin’s Relative Strength Index (RSI) has shifted into the upper-neutral range, signifying a fresh surge in upward momentum.
  • Glassnode noted a drop in loss-taking activity, implying better sentiment among Bitcoin investors.
  • Spot market figures reveal less sell-side pressure alongside slight increases in trading volumes.
  • Perpetual futures markets indicate a resurgence of buying interest, paired with more restrained leverage usage.
  • U.S. spot Bitcoin ETFs are logging consistent inflows, pointing to a comeback in institutional demand.

Bitcoin is displaying distinct recovery signals, as metrics highlight strengthening momentum, diminished selling pressure, and rising institutional interest.

On-chain analytics firm Glassnode reported Monday that Bitcoin’s RSI has bounced back to the upper-neutral range, indicating renewed upward momentum. Additionally, sell-side pressure has softened across both spot and derivatives markets, and institutional flows have restarted.

Though sentiment is getting better, analysts caution that the market is still fragile, given that on-chain demand continues to trail broader market movements.

Glassnode Notes Strengthening Metrics and Enhanced Sentiment

Glassnode stated that Bitcoin’s RSI has risen back to the upper-neutral zone, showing renewed upward price momentum.

The firm said, “Sell-side aggression is softening as spot volumes increase modestly, improving liquidity without signs of excessive speculation.”

The count of Bitcoin holders taking losses has also decreased, implying a slow but steady recovery in sentiment and confidence.

This change in behavior points to less panic selling, as more of the supply moves back into profit across various price segments.

Glassnode highlighted that perpetual futures markets are exhibiting controlled leverage and a resurgence in buying activity.

The firm also noted that derivatives positioning seems more stable, steering clear of the over-the-top leverage observed in prior volatile periods.

Institutional Inflows Bolster Price Recovery

U.S. spot Bitcoin ETFs have experienced steady inflows, signaling a revival in institutional demand.

Glassnode pointed out that this trend backs a “fragile consolidation phase” in which the asset is bouncing back from its corrective period.

Nick Ruck, director at LVRG Research, stated that, “BTC is showing upside potential with strong options interest targeting levels above $100K.”

He elaborated that Bitcoin is gathering strength to break out of its recent trading range, as technical indicators become more favorable.

The asset hit a local peak of $94,600 before easing a bit in early Tuesday Asian trading sessions.

As of press time, Bitcoin had pulled back to $93,820, retaining the majority of its gains from the start of the year.

Market Breakout Efforts Encounter Resistance

Analyst Sykodelic highlighted a breakout in the On-Balance Volume (OBV) indicator, signaling the end of the downtrend that began after Bitcoin’s all-time high.

He said, “Spot accumulation is driving this breakout as OBV clears the previous local range.”

Sykodelic pinpointed $94,500 as a critical resistance level that needs to be broken to hit higher targets between $98,000 and $100,000.

Support around $94,000 is still vital to maintain this upward movement, as breaking below it might spark additional profit-taking.

Retail traders are still selling when prices rise, which is dampening short-term upward momentum.

On the other hand, institutions are keeping up buying pressure, fueling early gains in 2026.

Bitcoin has risen 7% year-to-date, indicating a strong start following a turbulent 2025.

The asset is still trading just under resistance levels, with market participants watching for further gains if current support holds firm.