🟠Bitcoin (BTC) is regaining momentum as inflows into spot ETFs increase and bearish sentiment fades. Analyst Markus Thielen notes that the price is oscillating around the 21-week moving average, while optimism over renewed U.S.–China trade dialogue supports a rebound in market confidence. The Fear & Greed Index has reached levels typically seen at the early stages of new bullish cycles.
🟠Thielen adds that falling volatility and the unwinding of bearish options bets are strengthening market stability. If the inflows into ETFs persist, they could provide enough liquidity to sustain the upward trend and confirm a medium-term recovery phase for Bitcoin.