7D #SpotVolumeDelta flipped decisively negative, reaching levels not seen since the February sell-off — aggressive sellers dominating spot order books once again 📉🔴. Follows a sustained period of spot-led accumulation throughout April and May that drove #BTC from mid $60Ks to $80K 💪.

That demand impulse has now fully faded — sellers regaining control as price failed to break higher. Persistent negative delta signals distribution phase with participants selling into strength rather than accumulating. Meaningful improvement in spot demand remains key for durable recovery ⚡️🎯👀