[Analyst: Bitcoin's Current Weak Demand May Lead to a Correction Phase if Not Improved] BlockBeats News, September 11, CryptoQuant analyst Darkfost stated in a post that Bitcoin's current demand situation is deteriorating, making it difficult for the price to sustain its current level. Data shows that Bitcoin spot demand is at negative 145,000 BTC, with the negative trend remaining stable; while futures demand is still positive at 74,500 BTC, it has significantly weakened. Institutional investors, influenced by the current macroeconomic environment, lack confidence in taking on Bitcoin risk. The Coinbase Premium Index has dropped to -0.036 and is showing a clear negative trend. In terms of ETF fund flows, Bitcoin, Ethereum, and Solana ETFs saw net outflows of $282 million, $29.9 million, and $500,000, respectively, while XRP ETFs experienced a net inflow of $5 million, resulting in a total net outflow of $308 million—the worst performance in the past two months. If the demand situation does not improve quickly, the crypto market may enter a correction phase. The current macroeconomic and geopolitical news are the main driving factors for the market, and attention should also be paid to the impact of rapidly rising bond yields. [Original Link]