Analyst Darkfost: Bitcoin spot demand has significantly improved, prices have dropped but market demand is gradually recovering

Analyst Darkfost stated that the recent demand for Bitcoin in the market has significantly improved, especially as spot demand continues to rise. Currently, the total demand for Bitcoin has returned to positive territory, exceeding 14,000 BTC, while futures demand remains relatively stable, averaging about 32,000 BTC recently.

Spot demand is currently around negative 17,000 BTC. Although it is still in negative territory, it has improved significantly from negative 207,000 BTC on September 20. Darkfost believes that while the current Bitcoin price is declining, market demand is gradually recovering, which is a positive market signal.