BTC Bulls Are Positioning: A Major Move Is Brewing
There is an obvious tug-of-war between spot purchasers and futures traders that is influencing the short-term trajectory of Bitcoin. Although price behavior is still erratic, underlying market data indicate that bulls are subtly preparing for a big surge. Whether buyers can sustain pressure long enough to convert momentum into a sustained breakout is the primary question for investors.
Bitcoin Spot Inflows Suggest Patience, Not Panic
The structure is cautiously positive, according to spot market data. Buyers continue to dominate important trading sessions, as indicated by the Average Spot Order Size. Strong Bitcoin rallies have often been preceded by similar formations. This pattern is not indicative of impulsive purchases, but rather of conviction.
Nevertheless, the image is not one-dimensional. The softening of bid-to-ask ratios suggests that sell orders are gradually rising. Nevertheless, spot investors keep piling up. More than $113 million worth of Bitcoin has been bought on the spot market in the last two days alone. This pattern is supported by monthly data, with spot inflows in December surpassing $4.1 billion. This implies that while short-term uncertainty persists, long-term participants remain confident.
BTC Derivatives Signal Rising Risk for Short Sellers
The bullish thesis is further strengthened by derivatives data. The Taker Buy/Sell Ratio is still above 1, and perpetual futures activity is still skewed toward buyers. This indicates that pressure to sell is still outweighed by active buying. Due to a resurgence of speculative interest, the total perpetual trading volume has increased to almost $53 billion.
Sellers seem to be on the wrong side of the deal, which is more significant. Short positions are losing significantly more than longs in recent liquidations, with losses skewed significantly against bearish traders. The fact that funding rates are still positive indicates that long holdings are under control and that traders are prepared to pay more to maintain their optimism. Shorts may be compelled to cover if this imbalance continues, which might raise the next leg.
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