Foresight News: In a post on X, Glassnode said that Bitcoin has touched $86,000, up more than 10% from last Sunday’s close. This round of gains has been driven mainly by spot and perpetual contract buying. As the price rises, leverage levels and profit-taking behavior are gradually increasing in a positive direction; however, ETF fund flows are still showing divergence, making it the only indicator that is weakening against the trend. Glassnode later added that as BTC reached $86,000, leveraged long positions in the options market are slowly rebuilding. The open interest put/call ratio (P/C Ratio) has risen somewhat, but it remains far below the overheating bubble levels seen at the previous bull-market peak. Meanwhile, overall sentiment in perpetual contract speculation remains restrained, and the funding rate is still below the neutral level.