BTC trend currently shows multiple positive signals. The OTC premium indicator has reactivated, and the funding rate has turned negative, which usually reflects a cooling of bearish sentiment. Meanwhile, the open interest has been significantly reduced, indicating that previously accumulated high-leverage positions are being liquidated. More notably, spot buying has noticeably increased, and large-scale liquidation events are occurring frequently—these all point to one direction: signs of a bottom gradually emerging. Based on these chain signals, BTC may already have the fundamental conditions for an upward breakout. If this market structure can be maintained, the price could enter a longer-term upward cycle.