According to on-chain data from CryptoQuant released this weekend, short-term investors are rushing to sell as the price approaches $80,000. Specifically, there was a day when the market recorded profit-taking of up to 14,600 BTC (more than $1.1 billion) – the highest level since December 2025.

Experts warn of a "Bull Trap" (Bear Market Rally): CryptoQuant's Head of Research, Julio Moreno, warns that the recent 20% increase still isn't enough to confirm a true "bull market" (uptrend). The reason is that the demand for new purchases on the spot market still hasn't caught up with the profit-taking volume of old investors.
Although long-term outlook remains positive, in the past week, both Bitcoin and Ethereum spot ETFs experienced intense tug-of-war with many outflow sessions amounting to tens or hundreds of millions of USD before a slight recovery at the end of the week. The Fear & Greed Index remains at a low level, indicating that overall sentiment is still very cautious.
The Crypto Clarity Act, while bringing good news, also includes a clause banning crypto companies from paying interest to customers holding stablecoins pegged to USD (to avoid competition with bank deposits). This clause is facing strong lobbying from the traditional banking sector, which could create certain barriers ahead of the voting.
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