BTC 15-minute increase of 1.03%: On-chain activity and trading volume expansion drive a short-term rebound

On April 9, 2026, from 15:30 to 15:45 (UTC), the price of BTC achieved a 1.03% return within 15 minutes, with a price range of 71,291.5 to 72,226.9 USDT, and an amplitude of 1.31%. Market volatility intensified, attention increased, and on-chain data along with trading volume showed significant changes, driving rapid short-term capital flows.

The main driver of this anomaly was the synchronized increase in on-chain activity and trading volume. During the event window, the number of active BTC addresses reached 67,671, and within 24 hours, it surged to 643,199, with total high-value transfers reaching 768,497.52 BTC. A large number of new users and existing investors participated in trading, significantly enhancing market liquidity and pushing prices higher in the short term. Trading volume expanded notably, with active transactions and increased buying pressure providing direct support for the market.

Additionally, shifts in capital flow resonance amplified volatility. Exchange balances slightly declined, with some funds flowing out, reflecting investor preference for long-term holding. ETF capital flows turned positive, with institutional funds experiencing a slight net inflow, further strengthening buying pressure. Although spot demand was relatively weak, the influx of new users led to increased short-term volatility. Decreased activity in the futures market indicated a wait-and-see sentiment, while on-chain capital flows combined with user behavior to promote volatility resonance.

Risks such as decoupling of trading volume and price, insufficient ongoing capital inflows, and unstable behavior of new users should be vigilantly monitored. Future market trends should focus on changes in on-chain activity, ETF capital flows, and exchange balances, especially retention rates of new users and market sentiment indicators. Short-term risks are high; it is recommended to continuously monitor key support levels, capital flow directions, and market volatility dynamics to promptly obtain the latest market information.