Glassnode: BTC rebounded to $94,000, but the market is still not entirely bullish.

According to Odaily Planet Daily, Glassnode reported on the X platform that Bitcoin has rebounded to around $94,000, but the market is still not entirely bullish. Despite improved momentum and increased trading volume, spot CVD and open interest (OI) have declined. Options trading shows demand for hedging downside risk, while ETF outflows indicate weak market demand.