Analysis: Bitcoin spot demand improves significantly, price falls but market demand is gradually recovering

Odaily reports that analyst Darkfost stated that Bitcoin market demand has improved noticeably recently, especially with spot demand continuing to recover. Currently, total Bitcoin demand has returned to positive territory, exceeding 14,000 BTC, while futures demand remains relatively stable, recently averaging around 32,000 BTC.

Spot demand currently stands at approximately negative 17,000 BTC. Although it remains in negative territory, it has improved significantly from negative 207,000 BTC on September 20. Darkfost believes that while Bitcoin's price is currently declining, market demand is gradually recovering, which is a positive market signal.