Bitcoin's price has shown signs of recovery, increasing by 0.7% in the past 24 hours.A CryptoQuant analyst suggests that Bitcoin has entered the 'Optimism Stage', historically associated with the early stages of a strong rally.However, excessive optimism leading to corrections remains a concern.Whale activity in the market, with over $7.3 billion worth of Bitcoin sent to Binance in the past 30 days, could contribute to increased volatility.