TechFlow news, October 27: Glassnode released a weekly report showing Bitcoin experienced a mild recovery this week, with the market gradually stabilizing. Selling pressure has clearly eased, leverage has been reset, and profitability metrics have improved. RSI rebounded significantly from oversold levels, while both Spot CVD and Perpetual CVD turned positive, indicating renewed buyer interest. Funding rates turned positive, and options market activity increased. ETF net inflows returned to positive territory, but overall trading volume declined, suggesting institutions remain cautious. On-chain activity weakened, with both active addresses and transfer volumes decreasing. MVRV rose, and the realized profit/loss ratio returned above 1.0, reflecting improved market health. Overall, the market is in a consolidation phase within a range, with cautiously optimistic sentiment gradually replacing defensive positioning, though broader participation is needed to sustain further upward momentum.
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