⚠️ Bitcoin Market Shows Diverging Trends Between Spot & Futures

🔍 Glassnode analysis reveals:

• Spot CVD declining for weeks → sellers dominate spot

• Futures CVD rising → buyers piling into futures

• Last night: Rare spike in spot buying, but overall trend still weak

💸 Funding rates remain low, meaning futures aren’t overheated yet.

🔑 Key takeaway:

The market structure looks fragile unless spot buyers return to confirm the rally. Futures are driving momentum alone — a risky setup.

Watch for spot market strength to validate the next BTC leg.

#Bitcoin #BTC #CryptoMarkets #FuturesTrading #SpotMarket #Glassnode

$BTC