Bitcoin is exhibiting multiple potential bottom signals despite prevailing bearish market sentiment. Analysts point to increased trading volumes around $100,000 and a decline in the Net Unrealized Profit (NUP) metric to 0.476, a level historically linked to market bottoms. This metric has previously indicated rebounds before significant Bitcoin rallies in 2024 and 2025.
Additionally, the potential reversal of CME gaps and Bitcoin's position within its four-year cycle are under scrutiny. However, a key resistance cluster between $109,895 and $110,192 poses a significant challenge for any sustained recovery.
Bitcoin Shows Bottom Signals Amid Bearish Sentiment
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