Woofun AI data shows that Bitcoin has climbed from a July low of $57,800 to approximately $65,777 over 22 days. Short-term holders, defined as those holding for fewer than 155 days, see their realized loss margin shrink to 4% from 20.48% on June 6, with a cost basis near $68,800. The Accumulation/Distribution indicator rose to 4.69 million, indicating buying volume exceeds selling volume. A golden cross formed around July 19-20 when the 20-day simple moving average crossed above the 50-day average.

However, combined spot and perpetual netflows dropped to negative 170,000 BTC by July 21, suggesting persistent weakness in fresh demand.