nocoffeenobrain2026-11-01

BTC spot demand still looks weak

BTC Coinbase Premium remained weak throughout October. The Binance hack may have amplified the selling pressure, but the weakness was already there before the event. If spot demand starts to recover, the signs to watch are: - Coinbase Premium moving back above zero - Positive premium holding instead of brief spikes - BTC price strength backed by stronger spot demand For now, there is still no clear sign of stronger spot demand.