Woofun AI reports that Bitcoin maintains price levels above $62,000 despite broader market weakness and escalating tensions between the United States and Iran. This resilience suggests that recent selling from weak-handed holders has largely been exhausted.

Fund reflows into spot crypto ETFs and a deceleration in spot market activity further indicate diminished selling pressure.

However, analysts caution that current price stability is primarily supported by speculative futures trading rather than robust spot demand.