Glassnode says BTC looks bullish again, but key bull threshold still unconfirmed

Bitcoin's push to $76,000 has improved sentiment, but Glassnode says onchain signals still fit an early-stage recovery rather than a confirmed bull market. The firm points to an "open" $72,000–$82,000 zone and notes supply in profit is around 60%, below the 75% level it views as stronger confirmation.