Crypto market analyst 'InnovatorYK' warned of deteriorating short-term investment sentiment, pointing to Bitcoin's (BTC) price trend and declining spot market demand.

■ "Weakening Spot Buying Pressure Is Not a Positive Signal"

InnovatorYK stated through social media, "Bitcoin continues to trade sideways, but spot demand is decreasing," adding, "In particular, it is difficult to view the weakening of spot buying pressure at a time when stock prices are surging as a positive signal." He noted that while Bitcoin's price has been moving within a limited range without significant fluctuations, spot trading volume and actual buying pressure have been slowing. He explained that generally, even if the price shows a stable trend, a decline in spot demand could weaken the upward momentum.

■ U.S.-Iran Tensions Expand Caution Toward Risk Assets

Recently, global financial markets have shown a somewhat shrinking investor preference for risk assets as military tensions between the United States and Iran and uncertainty in Middle East affairs persist. The possibility that, should geopolitical risks expand, both institutional and individual investors may increase their cash allocations or shift funds to safe-haven assets is also cited as a factor influencing Bitcoin investment sentiment.

■ "Does Not Signal a Long-Term Trend Reversal... Watch the Variables"

However, some argue that a short-term decline in spot demand does not immediately signify a long-term trend reversal. The analysis suggests that since Bitcoin is an asset simultaneously influenced by various factors—including the macroeconomic environment, U.S. Federal Reserve (Fed) monetary policy, spot ETF fund flows, and institutional investor supply and demand—there is also a possibility that investment sentiment could improve again depending on future changes in market conditions. The market expects that the development of the U.S.-Iran conflict, changes in global liquidity, the strength of the U.S. dollar, and the trend of inflows into Bitcoin spot ETFs will act as key variables determining the future direction of Bitcoin's price.

[※ This article was written with the assistance of AI. It was produced based on publicly available market information and data, and some figures may change depending on market conditions. Investment decisions should be made carefully at the investor's own discretion after directly verifying the latest disclosures and market data.]