BTC SPOT VOLUME FLASHING A WARNING.
Lowest spot exchange volume since 2019.
$BTC is stuck between $63K and $68.7K while the market is waiting for direction.
Seller exhaustion is approaching levels we’ve seen around previous major bottoms.
Sounds bullish, right?
There’s still one problem.
Nobody is aggressively buying.
- ETF demand is modest.
- Exchange flows remain elevated.
- Spot demand is weak.
So for me, $58.5K is the level that matters.
Lose it and thin liquidity could turn a slow bleed into a very fast move.
Lowest spot exchange volume since 2019.
$BTC is stuck between $63K and $68.7K while the market is waiting for direction.
Seller exhaustion is approaching levels we’ve seen around previous major bottoms.
Sounds bullish, right?
There’s still one problem.
Nobody is aggressively buying.
- ETF demand is modest.
- Exchange flows remain elevated.
- Spot demand is weak.
So for me, $58.5K is the level that matters.
Lose it and thin liquidity could turn a slow bleed into a very fast move.