Analysis: Bitcoin Demand Turns Negative Again, Short-Term May Face Another Round of Decline

BlockBeats News, September 2nd, CryptoQuant analyst Darkfost stated in a post that BTC's current selling pressure remains stable, short-term holders (STH) continue to realize profits, but the market's "apparent demand" has once again turned negative, indicating a significant decrease in BTC demand over the past few days.

He pointed out that this weakening demand has also been reflected in the BTC price structure, with the current price trend becoming increasingly fragile. If demand cannot recover in the very short term, BTC may further initiate a new round of decline. He emphasized that the current market direction is not yet fully determined, and investors still need to remain cautious.