Analyst: Bitcoin Spot and Futures Demand Remains Weak, Market Stabilization May Be More Due to Selling Pressure Exhaustion
CryptoQuant analyst Darkfost stated that since the beginning of the year, Bitcoin's overall demand structure has shown weakness, primarily exhibiting two states: first, simultaneous contraction of spot and futures demand; second, a brief rebound in futures demand driven solely by speculation, while spot demand continued to shrink.
