Yello, PrivateParadiseClub Members! 😎 Do you know the Spot market is rising as futures trading slows? Let’s dive into the latest trends shaping Bitcoin’s trajectory:

💎The average monthly trading volume in futures has seen a decline, dropping from $62B to $43B per day. Meanwhile, the spot market remains steady, holding firm at $13B per day. Interestingly, Bitcoin’s correlation with the S&P 500 index has surged and now sits at a strong 83%. This correlation definitely indicates a strong spot market.

💎What’s the view of ParadiseTeam Professional Traders? The growing influence of the spot market in Bitcoin’s movement is a key trend to watch. Lower funding rates compared to the 2021 peak indicate that Bitcoin still has room for growth. As demand continues to rise, driving up the total market cap, this presents an exciting opportunity for traders to position themselves for further upward momentum.

Stay focused, patient, and disciplined Paradisers🥂

Want More Actionable and Exclusive Insights? 👉 GO PRIVATE🥂

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