Analysis: BTC Futures Demand Continues to Rise, Whales Actively Accumulate, Spot Market Rebound May Trigger Further Upside

BlockBeats News, August 25th. Yesterday, the spot demand for BTC was roughly the same as the previous day, but the futures market demand continues to grow, putting upward pressure on the BTC price. Currently, whales are actively buying BTC futures positions, and once they complete their position layout, a larger-scale uptrend may emerge.

Retail funds are expected to enter the market after the first round of price increase, driving further increase in spot demand, which may lead to a stronger uptrend. Analysis indicates that we are still in the early stage of a bull market, and a truly larger-scale market movement will unfold after a significant recovery in BTC spot demand.

Recent market data also shows that BTC futures open interest and demand have grown significantly, but spot demand remains a key variable in determining whether the uptrend can be sustained.