Bitcoin has rebounded after sliding to $60,000, improving market sentiment. Spot Bitcoin exchange-traded funds (ETFs) saw a three-day streak of net inflows, their strongest this month. The inflows coincided with signs of improved spot demand. Market speculation has renewed around BTC potentially recovering to $90,000 in March, though derivatives positioning suggests traders view this as unlikely. Options markets indicate traders are still paying for protection, but derivatives positioning shows bullish open interest for March expirations. Volatility has eased, and traders are transitioning from defensive panic to conditional optimism, preparing for upside participation while hedging against further declines.

Bitcoin has rebounded after sliding to $60,000, improving market sentiment. Spot Bitcoin exchange-traded funds (ETFs) saw a three-day streak of net inflows, their strongest this month. The inflows coincided with signs of improved spot demand. Market speculation has renewed around BTC potentially recovering to $90,000 in March, though derivatives positioning suggests traders view this as unlikely. Options markets indicate traders are still paying for protection, but derivatives positioning shows bullish open interest for March expirations. Volatility has eased, and traders are transitioning from defensive panic to conditional optimism, preparing for upside participation while hedging against further declines.