[Analysis: Bitcoin's upward momentum still lacks key support, spot trading volume recovery has yet to accelerate] Odaily Planet Daily News - Crypto analyst Darkfost stated on the X platform that Bitcoin's spot trading volume has seen a moderate rebound since the July low, but the overall recovery remains limited. Among major exchanges, Binance's spot trading volume rose to over $50 billion in September, up from $42 billion in July; Bybit's spot trading volume increased from $14 billion in July to $19 billion; Kraken's volume grew from $4 billion to $8 billion. Darkfost's analysis pointed out that when Bitcoin hit its phase low in July, spot trading volume also dropped to the lowest level since the last bear market, reflecting the weakest market interest in BTC over the past three years. Since then, spot trading volume has somewhat recovered, but a significant rebound has yet to occur. Generally speaking, a moderate increase in spot trading volume accompanies a new round of upward momentum for Bitcoin. However, if BTC aims to challenge new highs, the market still needs further growth in spot trading volume, particularly driven by new demand.