Bitcoin is showing initial signs of stabilization, rising 4.3% to around $69,100. Glassnode noted that its momentum and ETF demand have both improved. Despite ongoing geopolitical tensions impacting traditional markets, Bitcoin's internal indicators show easing pressure, with open interest in futures contracts increasing and ETF capital inflows strengthening to $934 million. However, this recovery remains in its early stages, with spot trading volume still sluggish and overall market confidence not yet fully restored.