Bitcoin extended a gentle recovery to $88,200 as markets probe early signs of stabilisation with total crypto market capitalization rising to $3.03 trillion.
Ethereum and Solana ETFs posted strong inflows of $97 million and $58 million each, while Bitcoin ETFs continue to bleed with $151 million outflow.
Derivatives data shows position unwinds, not aggressive shorting, which marks a constructive shift.
Onchain stress remains high, but momentum, flows, and structural metrics hint at bottom formation.
Market sits inside the $84,000–$90,000 accumulation range with volatility risk elevated.
Bitcoin is now positive for 2025, but rising Japanese bond yields and potential capital repatriation threaten to drain liquidity from global markets, posing new risks for cryptocurrencies and stablecoins.