Bitcoin's recent rally to $76,000 was seen as a "clear momentum shift," confirming a short-term uptrend for the BTC price. However, data from Glassnode suggests that the BTC/USD has not exhausted its bear market rally. The short-time holder (STH) supply in profit, a measure of the share of recently acquired coins currently held at an unrealized gain, is 43.2% below its statistical mean of 54.2%, indicating that local tops in bear market rallies occur when this metric becomes significant. Meanwhile, Bitcoin has remained in "deep under extension territory" relative to its 50-week simple moving average (SMA), currently at $96,800. The falling US dollar index is seen as providing a "massive tailwind" for Bitcoin.