Darkcast: Bitcoin's apparent demand drops to its lowest point at the beginning of the year

On chain analyst Darkfost stated that the apparent demand for Bitcoin has hit its lowest level since the beginning of the year, with a current estimated value of -1.47 million Bitcoin, and the market sentiment is extremely pessimistic. The apparent demand is calculated by the difference between the newly issued amount and the outstanding stock for more than one year, and is used to evaluate the market's ability to attract funds. Darkfost pointed out that insufficient spot demand will limit the sustained rise of Bitcoin, and it is difficult to build a stable market bottom solely through contract trading. However, the current environment may provide opportunities for long-term investors to lay out their positions.