Bitcoin has begun the initial stage of a new bull market, marked by a notable 24% rally. Key market indicators have shifted into bullish territory, signaling renewed investor optimism, according to CryptoQuant.
Despite the positive momentum, CryptoQuant cautions that an increase in profit-taking could lead to short-term volatility. This suggests that while the overall trend is upward, traders should remain alert to possible price fluctuations in the near future.
For Japanese investors, this development comes as the local market continues to integrate crypto assets with traditional financial instruments, highlighting the growing importance of digital currencies in the broader investment landscape.