Bitcoin holds $60K, but Glassnode says inflows and volume stay weak

Bitcoin rebound holds, but lacks confirmation

Bitcoin has recovered from the $60,000 zone, easing immediate selling pressure. Glassnode says the move remains a stabilization phase, not yet a confirmed trend reversal.

Trading volumes and open interest are still muted. Capital inflows remain weak, keeping conviction low despite the price improvement.

The $60,000 area is now the key invalidation level — holding above it preserves the recovery thesis, losing it would risk another bearish leg.

Glassnode warns that a bounce alone does not mean new buyer demand. Strong recoveries usually come with rising spot volumes, improving derivatives positioning, ETF inflows, and renewed network activity.

For now, traders are watching whether the rally can attract fresh capital. Without it, the market may stay in broad consolidation, vulnerable to a fade near resistance.

Full report — Glassnode.