According to COINOTAG on August 30, on-chain analyst Willy Woo reported that after several weeks of declining inflows, the Bitcoin network registered its first day of inflow growth. Woo characterised this development as an early indication of potential structural bottom formation, based on observable on-chain liquidity shifts rather than speculative conjecture.
The analyst noted that while Bitcoin appears to be stabilizing, the emergence of a durable bullish structure would require sustained participation—specifically continued “buy the dip” activity by market participants. Observers should monitor on-chain inflows and liquidity metrics to assess whether the initial recovery phase, which Woo stated has already begun, gathers broader market confirmation.