Cryptocurrency market analyst CW stated that despite Bitcoin’s recent price drop, demand indicators continue to improve. According to the analyst’s data, while demand in the futures market declined slightly compared to the previous day, the negative value in spot demand narrowed significantly.
Despite Bitcoin’s Recent Drop, This Data Is Showing a Reversal: What Does It Mean?
Cryptocurrency market analyst CW stated that despite Bitcoin’s recent price drop, demand indicators continue to improve. According to the analyst’s data, while demand in the futures market declined slightly compared to the previous day,…
Cryptonews.net
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Oct 9, 2026 at 8:51 PM UTC · 1 分钟阅读
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bitcoin
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BTC+0.45%$82,934
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1 天前
The spot demand indicator has not yet moved into positive territory. Therefore, the data does not indicate a definite bull run in Bitcoin. However, the fact that the indicator, which has been in negative territory for a long time, is approaching zero has been interpreted as investors who are directly buying BTC starting to balance the selling pressure.
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- Oct 9Despite Bitcoin’s Recent Drop, This Data Is Showing a Reversal: What Does It Mean?
- Oct 10Bitcoin steady at 113.13M won as South Korea's crypto market sees strong gains and rising risk appetite
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- Oct 9Despite Bitcoin’s Recent Drop, This Data Is Showing a Reversal: What Does It Mean?
- Oct 10Bitcoin steady at 113.13M won as South Korea's crypto market sees strong gains and rising risk appetite
- Oct 10Bitcoin could grow to a $30 trillion asset by f...
- Oct 10SUI rallies approximately 54% in four weeks, outpacing Bitcoin and Ether
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Originally reported by Cryptonews.net
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