$BTC Bitcoin Market Bullish Signals

Buyers Dominate, But Volume Decreasing

The latest data in the #Bitcoin (BTC) market shows that buyers (taker buy) dominate both spot and futures markets

According to the 90-day cumulative volume delta (CVD) indicator, buyers outperform sellers in both spot and futures.

This indicates a general bullish sentiment in the market.

However, there is a noteworthy point

Trading volume is decreasing in spot markets.

According to the Spot Volume Bubble Map indicator, the total trading volume on all exchanges is in a downward trend.

This may indicate that momentum is decreasing in the market and investors are in a cautious wait.

On the other hand, trading volume in futures markets is at a neutral level, which paints a more stable picture compared to the spot market.

Retail investors are in a neutral position in both spot and futures markets.

The Retail Activity Through Trading Frequency Surge indicator shows that there is no significant increase or decrease in the trading frequency of retail investors.

This suggests that the market is currently driven more by large players (whales).$BTC