CoinDesk analyzed that BTC's uptrend is being maintained by leverage demand, and market confidence remains insufficient. The media pointed out, "Last month, BTC rose driven by futures demand, while spot demand decreased. The divergence between futures and spot demand has shown a vulnerable pattern where the price uptrend could break. While there is still room for further upside, the market could react sensitively if capital inflows slow down or position changes occur. In similar past environments, there were many cases where the uptrend led to a sharp reversal downwards rather than continuing for a long period."
