[glassnode: Bitcoin Shows Signs of Recovery, but Market Sentiment and Positioning Remain Cautious] BlockBeats News, December 9, glassnode released its weekly market commentary stating that although Bitcoin has rebounded to around $94,000, the market remains unconvinced. Market momentum has improved, and trading volume has increased, but spot CVD (Cumulative Volume Delta, which primarily measures the net difference in trading volume between buyers and sellers) and open interest have declined, indicating intensified potential selling pressure. Meanwhile, options trading reflects a demand for hedging against downside risks, and ETF outflows suggest weak market demand. Overall, Bitcoin is showing early signs of recovery, but market sentiment and positioning remain cautious, indicating that the market is still rebuilding confidence after recent volatility.