Bitcoin stalls at $84.5K as weak spot demand and STH selling fuel deeper reset fears
- —BTC bounced 2.42% from $82,563 to $84,564 but was rejected at $84.5K again
- —45,054 BTC from short-term holders moved onto exchanges, signaling sell-side supply
- —Binance Spot-to-Futures Volume Ratio at 0.12; open interest fell from $10.6B to $9.2B
- —Spot ETF inflows slowed to $31M on Sept 28 and $66.2M on Sept 29
Why it matters: Weak spot demand and cooling ETF inflows leave BTC vulnerable to a deeper retracement if selling pressure regains control.
Source: AMBCrypto