Bitcoin has experienced a 10% gain over the past week, coinciding with troubling economic data from the US. Key indicators suggest a potential bullish rally is forming, as long-term Bitcoin holders have increased their positions significantly. The LTH (Long-Term Holder) Realized Cap has surpassed $18 billion for the first time since September 2024, indicating aggressive accumulation by long-term holders, similar to previous market bottoms. Furthermore, Bitcoin's open interest has dropped dramatically, hinting at a market reset. Following the formation of a yearly low, Bitcoin has established support around $79,000, with signs of more upward momentum due to positive market sentiment. Analysts suggest that the recent rise in open interest may point toward a clearer directional trend in the coming days as traders build positions in anticipation of further gains. Overall, market sentiment appears cautiously optimistic as traders react to economic conditions and potential price movements.

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