The contract (futures) market and the spot market are essentially two independent liquidity pools. In the contract market, long and short parties only engage in directional games based on future price trends, and such trading behavior does not directly lead to real buying or selling operations in the spot market. Speaking of human words, transactions in the contract market, whether they are "open long" or "open short", will not trigger "real buy orders", "matched transactions" or "spot inventory changes" in the spot market. Therefore, fluctuations in the contract market will not automatically affect the buying liquidity or price changes in the spot market. Of course, market participants may follow signals such as large multi order transactions, soaring funding rates, or a significant increase in holdings in the contract market, leading to the expectation of building positions or generating a "whale pulling" sentiment, and then actively buying in the spot market, which may bring about changes in spot prices. But fundamentally, this impact is an indirect effect driven by emotions and interconnected behavior, rather than the ability of the contract itself to change spot prices.