Bitfinex Alpha's report pointed out that Bitcoin continues to show impressive resilience, rising more than 10% in the past week, outperforming traditional risk assets such as the S&P 500 index. After weeks of volatility and low liquidity, Bitcoin has regained the range low of $94,000 - a key sign as this level supported the rebound that led to Bitcoin's all-time high in January.

Furthermore, Bitcoin has now rebounded to the short-term holding cost basis level of around $92,900, a key on-chain pivot point that typically distinguishes between a pullback phase and a new bullish momentum. In addition to positive market structure, the profit margin indicator has also rebounded to 87.3%, indicating improving market health and investor profitability.