Bitcoin Price Climbs Amidst Institutional Interest, but Whales Hesitate

Recent market data has sparked optimism for Bitcoin price recovery, with the Coinbase premium index showing a shift towards positive territory. This coincides with improved liquidity on Binance as measured by spot and perpetual contract volumes. However, institutional investment remains cautious, with whale activity exhibiting both positive and negative trends. While demand from institutions is gradually returning, some investors remain wary of potential capitulation risks based on historical patterns. The overall sentiment suggests that Bitcoin’s price may continue to fluctuate in the coming days. The FOMC meeting next week could influence market volatility.