📰 The Bull Score index of Bitcoin remains at a record low

Despite the recent price recovery, on-chain data shows that the market structure is still in a long-term bearish trend. This volatility is seen as more of a technical recovery rather than a shift to a new growth cycle.

- Bull Score index: 10/100 (Deep bearish zone).
- Signal: Lack of accumulation buying momentum from institutions.
- Status: Capital flow shows no signs of a sustainable reversal.

👉 The current market is reacting to short-term liquidity factors, with no changes recorded in stable macro variables.
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