**Bitcoin Reclaims Key Levels Amid Fed Rate Cut**

Bitcoin has surged past the Short-Term Holder cost basis ($61.9k) and 200DMA ($63.9k) following a 0.50% interest rate cut by the Federal Reserve. This has eased pressure on short-term holders, reflecting a period of net capital outflows. New investors show resilience, with realized losses remaining minimal, indicating confidence in the uptrend.

The perpetual futures market is cautiously recovering, with demand increasing but still below strong bull market levels. Overall, the market shows signs of cooling but maintains a positive outlook for new Bitcoin investors. 📈💡