Bitcoin Price Holds Despite Physical Buy Orders Dwindling, Warning of Sharp Downturn

Analysts warn that Bitcoin's recent price stability is masking structural weaknesses, as recovery relies heavily on derivatives market short covering rather than physical demand. While prices have remained relatively stable, the underlying physical buying momentum has weakened significantly, raising concerns about potential further declines if selling pressure resurges. The market is described as 'structurally vulnerable' with limited long-term upside potential unless physical demand rebounds.