Bitcoin's market structure is showing initial signs of stabilization as concerns about the conflict with Iran ease, according to Glassnode. On March 10, Bitcoin rose 4.3% to approximately $69,100, with increased open interest in futures contracts and active buying in the perpetual contract market, suggesting traders are cautiously returning to leveraged positions. Inflows into US spot Bitcoin ETFs surged to approximately $934 million, marking a 20% increase from the previous week. Glassnode highlights that while momentum indicators, ETF demand, and profitability metrics are improving, the recovery remains in its early stages. Trading volume and network activity are still subdued, and capital flows are weak, indicating that overall market confidence has not yet fully recovered.