
Bitcoin continues trading above $80,000 with increased corporate holdings and improved market sentiment showing greed for the first time since January 2026. However, network activity has dropped to two-year lows, suggesting the rally may be fragile. Institutional investors now play a larger role in price trends, marking a structural shift in Bitcoin's market dynamics. Despite a recent move to positive capital flow metrics, the change is not strong enough yet to confirm a sustained bull market phase.