
Bitcoin spot market activity is showing early improvement as trading volumes rise and sell-side pressure eases, according to Glassnode.
Glassnode said spot Bitcoin volume recorded a modest increase while the net buy-sell imbalance moved above its upper statistical band.
The data points to a clear reduction in sell-side pressure across the spot market.
Despite the improvement, Glassnode said spot demand remains fragile and uneven.
Bitcoin fell nearly 3% from its weekend high to trade below $93,000 amid broader market uncertainty.
The decline came as markets reacted to renewed escalation in US and EU trade tensions.
Bitcoin remains up around 6% since the start of the year.
“Overall, Bitcoin remains in consolidation, but internal conditions are improving,”
Glassnode said.
“Strengthening buy-side dynamics and renewed institutional interest suggest a gradual rebuild,”
Glassnode said.
Gracie Lin said recent data shows the market has absorbed much of the late-2025 profit-taking.
“Long-term holders appear less inclined to sell into every rally,”
Gracie Lin said.