Bitcoin (BTC) briefly touched the $85,000 mark last week before retreating, as market indicators suggest investors are approaching trading with caution. According to Glassnode’s weekly Market Pulse report, spot, derivatives, and on-chain metrics collectively point to a more defensive market environment. https://twitter.com/glassnode/status/2015820909815235011 Spot and Derivatives Markets Show Caution In the spot market, net buying activity weakened sharply. The cumulative volume delta (CVD), which measures the difference between buying and selling pressure, turned sharply negative, dropping from +$54.2 million to -$194.2 million (-458.6%), signaling sell-side dominance. Netflows also shifted into significant outflows, reflecting lower institutional demand and fading confidence in


