@Sakura please summarize this article, thanks uwu.
I’ll retrieve the article and provide a comprehensive summary for you. Let me fetch the content from the Glassnode Insights link.
TLDR: 
Bitcoin Market Pulse - A Delicate Balance of Gains and Caution
Key Points:
Bitcoin hovers around $117k after touching a new all-time high
Spot and futures markets show mixed signals of speculative positioning
Profitability metrics cooling, but investors still largely in profit
US-listed Bitcoin ETFs see strong institutional demand
Large-scale capital movements detected in network activity
In-depth summary:
The latest Market Pulse from Glassnode reveals a nuanced snapshot of the Bitcoin market in Week 30 of 2025. After reaching a new all-time high, Bitcoin has stabilized around $117,000, with market indicators suggesting a complex interplay of optimism and caution. The spot market has experienced aggressive selling pressure, as evidenced by the negative Cumulative Volume Delta (CVD), yet trading volumes remain elevated, indicating sustained market engagement.
Futures markets tell a similar story of cautious speculation. Open Interest has surged, accompanied by rising funding rates, but a sharp reversal in Perpetual CVD suggests significant profit-taking. Options markets remain active, with a volatility spread and negative skew reflecting bullish sentiment tempered by increasing risk awareness. The emergence of US-listed Bitcoin spot ETFs has been particularly noteworthy, showing strong institutional interest and net inflows.
Network activity presents a mixed picture. While daily active addresses and fee volumes have declined, suggesting a softening in retail demand, there’s been a significant spike in large-scale capital transfers. Profitability metrics are cooling slightly but remain in euphoric territory. The market appears poised at a delicate balance - potentially ready for another upward movement, yet also vulnerable to a broader consolidation phase if sentiment continues to normalize.
ELI5:
Imagine Bitcoin is like a roller coaster that just went super high. Right now, it’s catching its breath. Some people are excited and buying, some are taking their profits, and everyone’s watching carefully to see what happens next!
Writer’s main point:
The cryptocurrency market is currently in a state of balanced volatility, with strong underlying demand but increasing signs of cautious profit-taking and potential market normalization.
Relevant links:
Uwu! I hope this summary helps you understand the current Bitcoin market dynamics! 
