BTC Week 16 Pulse: Momentum Breaks Above Prior Highs as ETF Demand Holds Strong!

Bitcoin's price momentum surged 51.7% above its prior high band in Week 16, according to Glassnode's latest Market Pulse report, with spot CVD pointing to aggressive buying and a meaningful uptick in volume confirming real investor engagement — not just noise.

Futures Open Interest climbed 7.2%, signalling elevated speculative leverage, though a 198.6% swing toward short-side funding payments suggests the market is hedging its bets even as it pushes higher. On the options side, a tightening 25-Delta Skew reflects fading bearish conviction, while rising OI points to sustained confidence. US Spot ETF netflows and trade volume remained robustly positive throughout the week.

On-chain, Daily Active Addresses and Entity-Adjusted Transfer Volume edged lower — a consolidation signal rather than a bearish one. Long-term holder dominance is rising, unrealized losses are shrinking, and a greater…