Bitcoin remains on the defensive within the $60,000–$72,000 range, with overbought conditions limiting any strong rebound.
Current signs of pressure: • Continued outflows from safes/funds • Reactive, non-proactive spot volumes (buying only on dips) • A clear slowdown in futures activity
Bottom line: Demand is there… but it’s shallow.
Any rally will be met with selling pressure from the oversupply.
The market needs genuine structural demand to break out of this range, otherwise it will remain sideways under pressure.
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Structural weakness in the market!
Bitcoin remains on the defensive within the $60,000–$72,000 range, with overbought conditions limiting any strong rebound.
Current signs of pressure:
• Continued outflows from safes/funds
• Reactive, non-proactive spot volumes (buying only on dips)
• A clear slowdown in futures activity
Bottom line: Demand is there… but it’s shallow.
Any rally will be met with selling pressure from the oversupply.
The market needs genuine structural demand to break out of this range,
otherwise it will remain sideways under pressure.
$BTC
{spot}(BTCUSDT)