CryptoQuant: Bitcoin spot price is higher than perpetual price, market is not yet frenzied but sentiment is turning optimistic

On July 14th, CryptoQuant community analyst joaowedson published an article stating that the spot price of Bitcoin is still higher than the price of perpetual contracts, indicating that the market has not yet entered a completely frenzied stage. However, this negative price difference is gradually narrowing, indicating that market sentiment is shifting from cautious accumulation to optimism. Historical data shows that when the difference between perpetual contracts and spot prices turns positive, Bitcoin often enters a parabolic rise driven by leverage and FOMO sentiment. The analyst believes that the current market is still in the preparation stage, and a positive price difference may trigger a stronger upward trend. Investors should pay close attention to this indicator change. [Deep Tide TechFlow]