📉 Buyers on Pause: Spot Volume Delta Is Negative
Despite a swift 5 % rally to an intraday high of $110,392, Bitcoin (BTC) is struggling to push past its $112 K all-time high. Data from Swissblock’s spot-volume delta shows net spot buying remains negative, even as price flirts with breakout levels.
“BTC is breaking out, but where’s the spot demand? Without real buyers, breakouts run on fumes.” — Swissblock Technologies
🕰️ Seasonal Slump: July = Quiet Month
K33 Research notes that spot volumes between June and October are historically muted, with July averaging only 6.1 % of annual trading activity. Even with catalysts such as Trump’s budget bill and tariff decisions, BTC could drift sideways in these seasonal “ doldrums.”
🐂 FOMO vs. Fundamentals
Santiment data shows retail sentiment has flipped from FUD to FOMO, pushing the Crypto Fear & Greed Index to 73 (Greed). That’s often a contrarian signal: heightened optimism can precede corrections as pros take profits.
- RSI across multiple time frames is hovering near overbought
- Crowd chatter calling for “$120 K next” has spiked
“Don’t be surprised by a brief rally halt while greed is high.” — Santiment
🔍 Key Levels to Watch
Until spot demand returns or macro news sparks fresh buying, analysts expect sideways action or a mild pullback to reset overheated indicators.
🛒 Hedge Smart with KXZ.Store
Need to stay nimble? Load up on stablecoins instantly with a KXZ.Store Binance Gift Card. It’s the fastest way to keep USDT or USDC ready on Binance for dip-buying or profit-taking—no waiting, no fuss.