Bitcoin only 21 days away from real bull market rally? Shorts pile in just as spot demand starts pushing back
CryptoSlate
Bitcoin shows signs of a potential market bottom as spot demand increases despite high levels of short-selling activity and macroeconomic pressures.Summary
Bitcoin is displaying signs of a possible recovery as extreme negative funding rates and sentiment indicators suggest a market capitulation zone similar to previous historical lows. While derivatives traders remain heavily short, consistent institutional inflows into spot Bitcoin ETFs indicate that buyers are absorbing macro fears. However, broader market conditions—including Federal Reserve interest rate policy and geopolitical instability—remain restrictive, suggesting that any upcoming bull rally may be confined to Bitcoin and high-liquidity assets rather than an immediate, market-wide expansion.
(Source：CryptoSlate)