⚡️ RIGHT NOW: CryptoQuant CEO Ki Young Ju highlights that Bitcoin’s current rally is fueled by futures activity, while on-chain spot demand continues to show weakness.
Past cycles show bear markets typically end only when both spot and futures demand turn positive — a signal that’s still missing.
#Bitcoin #CryptoMarket #OnChainData #FuturesMarket
BitSnap
Past cycles show bear markets typically end only when both spot and futures demand turn positive — a signal that’s still missing.
#Bitcoin #CryptoMarket #OnChainData #FuturesMarket
BitSnap