According to Wu Blockchain, Glassnode's latest weekly report shows Bitcoin market momentum surged 51.7%, breaking previous highs. Spot buying is aggressive, ETF demand remains strong, and futures open interest (OI) increased by 7.2%. However, funding rates turned negative, suggesting speculators are starting to hedge. On-chain data indicates that while active addresses slightly declined into consolidation, long-term holders are gaining dominance, and short-term speculative capital is decreasing. The proportion of circulating supply in profit is rising, market pressure is easing, and overall sentiment is showing strong bullish characteristics with a shift toward higher stability. https://(wublock123.com)/news/glassnode-btc-momentum-breaks-resistance-spot-buying-up-but-onchain-activity-cools-59500