Yesterday's rise in the cryptocurrency market signaled that a bright period follows every dark streak.

According to CryptoQuant data, demand for BTC on the spot market began to increase for the first time since the end of November 2025. This metric, which tracks institutional investor activity, is traditionally regarded as one of the leading indicators of potential upside for Bitcoin's price. Increased inflows to spot platforms indicate a return of confidence in the cryptocurrency as an investment asset, despite the market's continued volatility.

However, one should not rush to conclusions. Yesterday's surge in demand, while it may herald the end of the bear cycle, does not yet indicate the formation of a new bull market for cryptocurrencies. Increased buying on the spot market often precedes price rises, as it shows investors' willingness to acquire the asset at current levels in anticipation of further appreciation; but given the depth of the bear phase we are in, this looks for now like a modest correction.

Meanwhile, Google searches for the phrase "buy bitcoin" have reached a five-year high. This record level points to an unprecedented degree of retail interest in the first and best-known cryptocurrency. Alongside the spike in search activity, trading volumes for BTC on leading crypto exchanges have risen noticeably, confirming a trend of mass inflows of new participants to the market.

The rise in "buy bitcoin" searches is a clear indicator of consumer behavior and market sentiment. A five-year peak underscores that interest in Bitcoin has reached a high comparable to previous cycle peaks and price booms. This may signal a new wave of institutional and retail reengagement with cryptocurrencies.

Trading recommendations:

Regarding the technical picture for Bitcoin, buyers are currently targeting a return to $68,900, which would open a direct path to $70,600 and then to $72,100. The extended target is the peak near $74,600. A break above that level would indicate attempts to restore the bull market. On the downside, buyers are expected at $66,400. A drop below that area could quickly push BTC toward $64,400, with a further downside target near $62,600.

Regarding the technical picture for Ethereum, clear consolidation above $2,078 would open a direct route to $2,169. The extended target is the peak near $2,279. A break above that level would strengthen bullish sentiment and renew buyer interest. If ETH falls, buyers are anticipated at $1,998. A move below that zone could rapidly send ETH down to about $1,936, with a farther downside target near $1,869.

What we see on the chart:

- Red lines indicate support and resistance levels where either a price slowdown or active growth is expected;

- Green lines indicate the 50-day moving average;

- Blue lines indicate the 100-day moving average;

- Light green lines indicate the 200-day moving average.

A crossover, or a price test of moving averages, typically either halts the move or sparks fresh market momentum.