Bitcoin Futures Liquidity Remains Weak: Analysis Shows Market Uncertainty

CryptoQuant analyst Axel Adler Jr. highlights a concerning trend in Bitcoin’s futures liquidity index, revealing that the market remains weak and vulnerable. The index has remained below 45, with bulls failing to regain control despite two attempts on October 13th and 20th. While the first attempt showed promising initial momentum, it ultimately lost strength, while the second lacked sustained driving force. Currently, the price is hovering below its 30-day fair value, and futures liquidity signals a decline in buyer engagement, indicating fatigue amongst market bulls.