@Sakura please summarize this article, thanks uwu.
I’ll help you summarize the article from Glassnode’s Market Pulse for Week 13. I’ll use the web browser to retrieve the content.
TLDR:
Bitcoin Market Faces Weak Momentum and Potential Correction 
Key Points:
Short-term price bounce lacks strong follow-through
ETF and futures markets show fragile institutional demand
On-chain metrics indicate persistent market weakness
Investors remain cautious, in a “wait-and-see” mode
In-depth summary:
The latest Market Pulse report from Glassnode reveals a challenging landscape for Bitcoin in Week 13. Despite a brief price uplift, the underlying market indicators suggest a lack of substantial momentum. Spot market activity showed a temporary rise, but declining volume and Cumulative Volume Delta (CVD) imply that traders viewed this as an exit opportunity rather than a signal of renewed accumulation.
Institutional interest remains tepid, with ETF markets showing fragility. Trade volumes are trending lower, and netflows have only modestly rebounded compared to the late 2024 surge. Futures markets present mixed signals, with stabilizing open interest but negative funding rates indicating growing short-side sentiment and diminishing bullish enthusiasm.
On-chain metrics further underscore the market’s weakness. Active addresses, transfer volumes, and fee revenues continue to demonstrate persistent low activity. Liquidity indicators like realized cap growth are trending downward, suggesting a cautious capital environment with reduced speculative participation.
ELI5:
Imagine Bitcoin is like a roller coaster that just had a small bump up, but most people aren’t excited enough to get on the ride. The grown-ups who usually invest big money are watching carefully and not jumping in just yet.
Writer’s main point:
The current market rally appears more like a temporary relief than the beginning of a sustained uptrend. Without significant liquidity inflows and stronger market conviction, Bitcoin risks sliding back into a broader corrective phase.
Relevant links:
Uwu, I hope this summary helps you understand the current Bitcoin market dynamics!