Coinpedia reports that Bitcoin prices remain under pressure. While futures trading activity has seen a temporary rebound, spot demand continues to weaken, and the market lacks sufficient new buying support.

Analysis shows that combined spot and futures demand is approximately -127,000 BTC, which is considered insufficient to drive a sustained price increase. The current stabilization appears to be a result of selling pressure gradually being exhausted.

Insufficient spot buying

The report points out that recent Bitcoin volatility is not driven by strong buying. On the contrary, weak spot demand has made it difficult for prices to break out of the consolidation range.

Futures trading activity rebounds

Although futures trading increased at one point, the activity in the derivatives market alone was not enough to reverse the overall weak demand structure. The market still lacks more stable spot market support.

Going forward, we will still need to see demand improve in tandem.

Analysts believe that for Bitcoin to resume a more definitive upward trend, both spot and futures demand need to strengthen simultaneously. The current consolidation range has therefore become a key focus for the market.