CW8900
Bitcoin futures demand continues to increase, while the negative value of spot demand is decreasing.
Bitcoin futures demand increased yesterday compared to the previous day, while the negative value of spot demand narrowed slightly. As a result, total demand shifted back into positive territory, and the price of $BTC saw a slight rise. The current upward movement is being driven by the futures market, whereas the spot market continues to show net outflows. However, with the negative value of spot demand decreasing and futures demand increasing further, upward pressure is likely to intensify if this trend persists. This upward pressure will drive up the price of $BTC, naturally leading to an increase in spot demand. If the current trend continues, there is a high possibility of a positive outlook. However, the key point in a recovery of spot demand. There can be no real rally without it.