Spot demand for $BTC Bitcoin is finally picking up and stacking onto the futures demand that's been quietly growing. We're slipping back into that same regime we saw in August where both are expanding together, and after two pretty negative months the total demand is clocking in around +69k BTC. These setups have often shown up during bull phases and helped push things higher, so if this gradual strength holds it feels like it could set up a solid move. I'm watching this one closely and leaning bullish for now. $ETH