[Analysis: Market demand for Bitcoin is recovering, but the intensity has not yet reached the levels of previous rallies] BlockBeats News, October 29, glassnode released a graphical analysis stating, 'Bitcoin's rebound from $10.7K coincides with the net inflows of U.S. Bitcoin spot ETFs turning positive again. However, the current inflow volume remains below 1,000 BTC per day, significantly weaker than the early stages of the main upward phase in this cycle, which saw daily inflows exceeding 2,500 BTC. Demand is recovering, but the intensity has not yet reached the levels of previous rallies.'