Analysts: Bitcoin spot demand is weak, current rally lacks solid support.

TechFlow reports on September 15 that CryptoQuant analyst COINDREAM noted Bitcoin's current trend resembles the market structure of January-February and March 2026, indicating the market may be shifting to a derivatives-driven phase. With spot demand remaining persistently weak, the current rebound lacks stable support and its sustainability is in question. In this environment, risk management takes priority over expectations of further upside.