Despite aggressive Bitcoin (BTC) buying from institutional investors, a recent analysis suggests overall spot market demand remains weak, trapping BTC in a sideways trading range. CryptoQuant analysts, as reported by CoinDesk, highlight that inflows into BTC spot ETFs and corporate purchases, like those by MicroStrategy, have a "limited impact" due to shrinking spot demand. The report emphasizes that these purchases alone are insufficient to trigger a significant rally. "As spot demand shrinks, their purchasing effect is not being realized. An increase in overall demand is key to a rally," the analysts stated. Currently, BTC is moving sideways, lacking the necessary demand to break out of its established range. Increased retail participation and renewed interest from larger investment sectors are crucial for a sustained upward trend. ```

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