Kripto Mevsimi
Apparent Demand is Recovering — But Don’t Call It a Trend Reversal Yet
Bitcoin’s Apparent Demand (30-day sum) has recently started to bounce from deeply negative territory, hinting at a possible shift in market behavior. However, interpreting this as the beginning of a new bullish phase may be premature. If we look back to the 2021 cycle top, a similar pattern played out: - Demand remained negative or near zero for months, - Even as price temporarily stabilized or bounced, - A true structural recovery only came much later, after extended consolidation. So while this current bounce is noteworthy, it’s more likely a pause in pressure, not a definitive signal of accumulation or a macro bottom. Momentum might be shifting, but time and confirmation are still needed.