Source: CryptoNewsNet
Original Title: Bitcoin Holds Near $92K as Selling Cools, but Demand Still Lags
Original Link: https://cryptonews.net/news/analytics/32111831/
Crypto markets in Asia are opening to a steadier BTC, but the tone is far from bullish. The data shows a market that has stopped bleeding, though not one ready to accelerate. ETF flows, on-chain indicators, and derivatives pricing all point to a holding pattern.
U.S. ETF flows show the first stabilization in weeks, with a $56.5M inflow on December 9 after more than $1.1B in weekly redemptions throughout November, according to data compiled by SoSoValue. Glassnode’s readout is that the recovery is real but shallow. Momentum has improved, yet spot CVD – which tracks cumulative buy minus sell pressure – remains deeply negative, derivatives positioning is defensive, and on-chain activity sits near the low end of its range. Short-term holders still dominate supply, which keeps the market sensitive to volatility.
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Bitcoin Holds Near $92K as Selling Cools, but Demand Still Lags
Source: CryptoNewsNet Original Title: Bitcoin Holds Near $92K as Selling Cools, but Demand Still Lags Original Link: https://cryptonews.net/news/analytics/32111831/ Crypto markets in Asia are opening to a steadier BTC, but the tone is far from bullish. The data shows a market that has stopped bleeding, though not one ready to accelerate. ETF flows, on-chain indicators, and derivatives pricing all point to a holding pattern.
U.S. ETF flows show the first stabilization in weeks, with a $56.5M inflow on December 9 after more than $1.1B in weekly redemptions throughout November, according to data compiled by SoSoValue. Glassnode’s readout is that the recovery is real but shallow. Momentum has improved, yet spot CVD – which tracks cumulative buy minus sell pressure – remains deeply negative, derivatives positioning is defensive, and on-chain activity sits near the low end of its range. Short-term holders still dominate supply, which keeps the market sensitive to volatility.