Bitcoin has shown signs of recovery after a sharp decline, briefly reaching $92,756 before retracing to $90,279. According to CryptoQuant analyst Woominkyu, Bitcoin has entered the "Optimism Stage" of a potential bull run, but excessive market optimism could lead to corrections. While sentiment is improving, FOMO is not yet fully present among investors, indicating that Bitcoin is not in a speculative bubble. Whale activity, with over $7.3 billion worth of Bitcoin sent to Binance in the past month, suggests increased volatility in the market.



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