You're seeing a critical divergence in $BTC right now. Spot and perpetual-futures demand growth has collapsed back to zero, yet price still sits above key support a rare disconnect.
Historically, these demand resets precede sharp expansion phases as leverage drains and smart money quietly rebuilds positions. Here, futures participation and spot momentum are fading while BTC refuses to capitulate, a textbook late compression that often precedes a big volatility move.
The setup favors a sudd...