Spot Demand

Bitcoin’s market momentum is flashing a mixed signal: a widely watched bull gauge has climbed to 90 out of 100, yet the buying pressure behind the move is fading. Spot demand has contracted by roughly 170,000 BTC over the past 30 days, while futures demand growth has dropped sharply in a sign that near-term upside may be harder to sustain.

Bitcoin has slipped after meeting resistance around $85,000, with technical traders warning that momentum is cooling in the short term. Strong inflows into Bitcoin ETFs continue to support the broader bullish outlook, keeping the $100,000 target in focus if key support holds.