After a dramatic increase of more than 24 per cent in a week, the chain data agency CryptoQuant's “Cow City Rating” rose from 30 to 80, reaching its highest level since October 2025. In the Agency ' s view, the synchronized upswing of the spot and futures demand suggests that this round is not a single signal-driven increase. However, until the weekly line is over $83,000, the market can only be considered to be in the early stages of repair.

The Bullsville rating rose to 10 months.

The CryptoQuant model consists of 10 indicators covering the dimensions of market demand, investor profitability, network activity and liquidity. According to the latest data, 8 of these items have been converted to upwards. 80 points have entered the model's defined multiple header range compared to 30 points before the increase.

Bitcoin had previously rebounded from the level of $64,000, one breakthrough of $80,000 and a subsequent increase in vomiting. The CoinGecko data show that BTC returned to the vicinity of $79,000 at the time the manuscript was sent, but the price remained high for almost three months.

$83,000 is a weekly confirmation.

CriptoQuant did not see $80,000 as a new round of cattle confirmation. The test is that the Bitcoin weekly line needs to be repositioned at 365 day average, which is currently approximately $83,000.

In the Agency ' s view, only a weekly line above this level would mean a re-energizing long-term market environment. Otherwise, the current trend is still closer to early recovery after a rebound.

LMAX Group market strategist Joel Kruger also mentioned the proximity of resistance. He noted that in 2026, the high point in May, US$ 82,820 was the next important juncture, which was close to the long-term mean area of Crystal Quant.

Current and future demand are back up in sync.

According to CriptoQuant, this was the first time since early October 2025 that demand for spot and futures had grown simultaneously. While spot purchase boards usually represent real money entry, futures markets include more leverage transactions. The simultaneous improvement meant that the round was not only due to short-term contract transactions.

United States spot bitcoin ETF continues to provide visible sources of funding. As of the week of 21 August, the net inflow of such funds was approximately $1.9 billion, the strongest single-week performance since October 2025 and recorded the fifth consecutive positive entry date.

Of that amount, a single-day net inflow was $337.56 million on 24 August. The iShares Bitcoin Trust attracts $208.9 million and the Wise Origin Bitcoin Fund flows $104.6 million.

  • Net ETF inflows as of the week of 21 August were about $1.9 billion
  • Net one-day inflows on 24 August were about $338 million
  • Beled and Fuda combined over $313 million.

Short-line profites up the pressure.

CryptoQuant also suggests that the risk of short-line overheating is accumulating, despite improvements in long-term indicators. The traders ' unrealized profit margin rose to 20.5 per cent, the highest since June 2025, usually implying a possible increase in market pressure.

According to the report, between 20 and 22 August, large households among short-term holders had achieved some $1.2 billion in profits. At that time, the price of bitcoin was roughly between $78,000 and $79,000. On 20 August alone, this group achieved a record profit of $614 million.

Meanwhile, about 53,000 BTCs were transferred to trading platforms, the largest since June. Transferring to an exchange does not necessarily mean immediate sales, but increases the likelihood that assets will be marketed and increases the risk of short-line reversals.