[Opinion: BTC Spot Demand Turns Negative, Market Enters 'Spot Contraction, Futures Growth' Phase] BlockBeats News, September 1, crypto analyst CW stated in an article that as BTC spot demand turns negative, the market has entered a 'spot contraction, futures growth' phase, with the previous green signal now turning purple. CW pointed out that during the consolidation phase following BTC's rise, spot demand has once again turned negative. The key for the current market lies in whether spot demand can recover. He emphasized that investors need to closely monitor changes in this indicator. [Original Link]