Cooling inflation data and renewed whale accumulation are injecting fresh optimism into the crypto market.
According to Santiment, easing CPI figures have improved the macro backdrop for risk assets, supporting renewed upside momentum. At the same time, large holders have been steadily accumulating, signaling growing confidence at current price levels.
This dual catalyst has pushed Bitcoin closer to the $70,000 level, strengthening the short-term bullish structure and reviving market sentiment.
However, Santiment cautions that despite improving on-chain signals and macro relief, a confirmed market bottom has yet to materialize. Volatility remains elevated, and broader economic conditions continue to shape price action.
Momentum is building but structural confirmation is still pending.