🚨 SPOT DEMAND IS MISSING

$BTC just dropped from $98K to $72K… and spot volume barely reacted

That’s not accumulation.

That’s a demand vacuum

• 30D average volume still depressed

• No aggressive bid absorption

• Only modest volume lift on the drop

• Feels reactive distribution, not conviction buying

Durable reversals need explosive spot expansion.

We’re not seeing it.

With liquidity this thin, even moderate selling can move price aggressively

Until real spot bids step in, volatility remains the risk.