BTC Spot Demand Turns Negative, Market Enters Phase of Spot Contraction and Futures Growth

On September 1, crypto analyst CW stated that as BTC spot demand turns negative, the market has entered a phase of spot contraction and futures growth, with the previous green signal now turning purple. CW pointed out that during the period when BTC rises and enters a sideways phase, spot demand has turned negative again. The key for the current market lies in whether spot demand can recover, and investors need to closely monitor this indicator's changes.

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