CryptoQuant: US investors' Bitcoin purchases surge, crypto market may welcome optimistic trend in the second half of 2025 According to CryptoQuant analyst Crypto Dan, the Bitcoin market has continued to show an upward trend since April 21st. Among them, the gradual increase in Coinbase premium indicates that buying pressure from American investors is supporting the market. In addition, the purchasing activities of large holders are gradually increasing. At present, there are no signs of overheating in the market, and this trend is in line with the typical characteristics of a corrected upward cycle, suggesting that the cryptocurrency market may maintain optimistic performance in the second half of 2025.