Viewpoint: BTC Spot Demand Turns Negative, Market Enters "Spot Contraction, Futures Expansion" Phase

BlockBeats News, September 1st. Cryptocurrency analyst CW posted a statement indicating that as BTC spot demand has turned negative, the market has entered the "spot shrinkage, futures growth" phase, and the previous green signal has now turned purple.

CW pointed out that during the consolidation phase after BTC's rise, spot demand once again turned negative. The key to the current market is whether spot demand can recover. CW stated that investors need to closely monitor this indicator's changes.