Analyst Darkfost said Bitcoin market demand has improved recently, with spot demand continuing to recover. According to Odaily, total Bitcoin demand has returned to positive territory at more than 14,000 BTC, while futures demand has remained stable at an average of about 32,000 BTC recently.

Spot demand is currently around negative 17,000 BTC. Although it remains below zero, Darkfost said this is a sharp improvement from negative 207,000 BTC on September 20. He said Bitcoin prices have fallen while market demand has gradually recovered.