Bitcoin remains under pressure with spot demand failing to pick up momentum, even as futures trading activity shows occasional spikes. Recent analysis points out that the combined demand from spot and futures markets is roughly negative 127,000 BTC, a figure too low to sustain an upward trend in price.
This weak demand in the spot market means sellers still hold the upper hand, which has kept Bitcoin's price from making any significant recovery despite some stabilization in recent sessions. The ongoing lack of buying interest suggests caution among traders, who appear hesitant to push prices higher.
While futures trading has seen intermittent growth, it hasn't translated into stronger spot market support. The divergence between futures activity and actual buying in the spot market highlights the fragility of Bitcoin’s recent price movements.
