Bitcoin Rally May Be Unsustainable Amid Weak Spot Demand

The current Bitcoin price rally may not be sustainable due to weak demand from the spot market. Experts have pointed out that the recent increase in trading volumes was driven by buying activity, which could indicate a shift into an early bull phase.

A comparison with the January-March 2026 period suggests that derivatives are playing a significant role in the current market structure. Analysts note that a rally without sustained spot demand looks less convincing and recommend focusing on risk management rather than expecting the rally to continue.

The rebound in trading volumes, which saw buying dominate over selling, could be one of the signs that the market is shifting from a bear phase to a bull phase. However, experts have warned about the risk of a correction amid retail euphoria.