Bitcoin rose 10.10% this week, long-term holders increased their holdings by 120,000 coins, and market get on board enthusiasm is high.

The Crypto Assets market performed strongly this week, with Bitcoin prices significantly rising. From an opening of $85177.33 on Monday to a closing of $93780.57 on the weekend, the weekly increase reached 10.10%, with a fluctuation of 12.73%. This marks the third consecutive week of Rebound for Bitcoin, and the Trading Volume has increased. After a strong breakthrough of the 120-day moving average on Monday, it operated above that moving average throughout the week, indicating a strong market go long sentiment.

The global financial markets have generally stabilized this week. The US government continues to signal smooth progress in trade negotiations, although on the other hand, its stance remains ambiguous, the market's concern about potential economic risks has temporarily eased. The statements from Federal Reserve officials have also been moderate, indicating readiness to take action if economic conditions deteriorate. These factors have collectively driven the stock market, bond market, and foreign exchange market to stabilize and rebound.

However, the market rebound is primarily a response to the temporary alleviation of potential economic recession risks. Future trends will still depend on the outcome of trade negotiations and the actual performance of the U.S. economy. Therefore, the ongoing disclosure of first-quarter financial reports is particularly important.

The latest Beige Book released by the Federal Reserve shows that economic activity in most regions "has basically not changed significantly," and the overall growth rate has slowed down. Businesses are reacting strongly to tariff policies, and manufacturing activity has further contracted. Consumer spending is growing moderately, but high prices and expectations of tariffs are beginning to weaken consumer confidence. Employment levels are generally stable, but hiring activity has weakened, and layoffs have increased in some regions. These data indicate that the negative impact of trade policies is becoming apparent, but the extent is still unclear.

As market sentiment improves, the dollar index stabilizes at 99.613. Treasury yields have slightly decreased, with the 2-year at 3.7560% and the 10-year at 4.245%. The stock market performs even more brilliantly, with the Nasdaq, S&P 500, and Dow Jones indices rising by 6.73%, 4.59%, and 2.48%, respectively.

On-chain data for Bitcoin shows that the scale of selling has increased this week, mainly from short-term holders. Throughout the week, the on-chain selling volume reached 197040.26 coins, of which short-term holders accounted for 190568.61 coins, and long-term holders accounted for 6471.65 coins. Notably, the net outflow from exchanges surged to 62696.12 coins, marking the largest single-week net outflow in recent times, reflecting the market's strong enthusiasm for buying.

Long-term holders increased their holdings by over 120,000 Bitcoins this week, while the "shark" group holding between 100 and 1,000 Bitcoins also added nearly 30,000 coins. This indicates that long-term capital is optimistic about the market outlook.

This week, the net inflow of funds into stablecoins and ETF channels approached 7 billion USD, with net inflows recorded on 6 out of 7 trading days, showing that medium to long-term funds are actively entering the market. However, with the Bitcoin price rebounding to around 95,000 USD, and concerns about trade disputes and economic recession still existing, short-term market divergences remain, making volatility unavoidable.

According to eMerge Engine data, the EMC BTC Cycle Metrics indicator is 0.50, indicating that the market is in a pump continuation phase.