CryptoQuant: Bitcoin rally driven by derivatives amid weak spot demand
- —30-day futures demand remains positive, while spot demand is negative
- —Market structure resembles January–February and March 2026
- —Aggregate demand (spot plus futures) remains weak
- —CryptoQuant advises prioritizing risk management over betting on prolonged growth
Why it matters: Rallies without spot support have historically ended in corrections, raising risks for BTC holders.
Source: Koin Bülteni