{"id":40730,"date":"2025-08-06T12:01:37","date_gmt":"2025-08-06T12:01:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=40730"},"modified":"2025-08-06T12:01:37","modified_gmt":"2025-08-06T12:01:37","slug":"bitcoin-back-above-114000-is-the-bottom-in","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=40730","title":{"rendered":"Bitcoin Back Above $114,000: Is The Bottom In?"},"content":{"rendered":"<div>\n<p><strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) is exhibiting signs of seller exhaustion, according to new analysis from blockchain intelligence firm <strong>Glassnode<\/strong>, even as overall market <a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/08\/46856565\/coinbase-circle-metaplanet-stocks-tumble-whats-driving-the-decline\">structure remains vulnerable<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>The <a href=\"https:\/\/insights.glassnode.com\/btc-market-pulse-week-31-2\/\">report<\/a> paints a picture of a recalibrating crypto market that has retreated from recent highs, yet shows early signals of potential recovery.<\/p>\n<p>After testing the lower bounds of liquidity near the $114,000 threshold, Bitcoin\u2019s euphoric momentum has sharply cooled. <\/p>\n<p>Across spot, derivatives, and on-chain markets, indicators suggest declining risk appetite, thinning volumes, and rising demand for hedging, common hallmarks of markets nearing a local bottom.<\/p>\n<p>In the spot market, Bitcoin&#8217;s RSI dropped from 47.4 to 35.8, entering oversold territory. <\/p>\n<p>Net cumulative volume delta (CVD) worsened from -$107.1 million to -$220 million, reflecting an uptick in sell-side activity. <\/p>\n<p>Trading volume dropped from $8.4 billion to $7.5 billion, underscoring lower retail and institutional participation.<\/p>\n<p>The futures market echoed these signs of cooling momentum. <\/p>\n<p>Open interest fell modestly from $45.6 billion to $44.9 billion, while long-side funding rates dipped 33% to $3.1 million. <\/p>\n<p>Perpetual CVD deepened from -$1.2 billion to &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/08\/46894080\/bitcoin-back-above-114000-is-the-bottom-in\" alt=\"Bitcoin\" back above is the bottom in>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) is exhibiting signs of seller exhaustion, according to new analysis from blockchain intelligence firm Glassnode, even as overall market structure remains vulnerable. What Happened: The report paints a picture of a recalibrating crypto market that has retreated from recent highs, yet shows early signals of potential recovery. After testing the lower bounds [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-40730","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40730","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40730"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40730\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}