Markets· ★★· neutral· October 8, 16:48

Bitfinex: Bitcoin's Next Move Hinges on Spot Volume

—Bitfinex: futures volume is strong but spot activity lags
—BTC's rally to $87,000 was driven mainly by futures
—Sustained upside looks unlikely without higher spot volume

Why it matters: Weak spot demand leaves the rally vulnerable to pullbacks; traders should watch spot buying trends.

Source: Coinfomania

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