⚡ Insight: BTC Spot Demand Turns Negative; Market Enters "Spot Contraction, Futures Growth" Phase On September 1, crypto analyst CW stated that with BTC spot demand turning negative, the market has entered the "spot contraction, futures growth" phase, and the previous green signal has shifted to purple. CW noted that after BTC’s rally, during its consolidation phase, spot demand turned negative once again; the key focus for the current market is whether spot demand can recover. He emphasized that investors should closely monitor changes in this indicator.
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