Found this bump on my elbow today, looks like a bug bite and I have been out around parks and foresty areas lately, the only thing that concerns me is that when I squish it its softer than most bug bites, like more squishy whereas things like mosquito, fly, and wasp bites are usually kind of hard and painful to touch. Just want to get a second opinion, thanks!
I think your intuition is quite accurate. Most bites from insects are usually firm and indurated 2/2 inflammation; when you say it is squishy, it almost sounds more fluctuant like a potentially developing abscess. Regardless of what it may be, it doesn't seem to emergent or life threatening. I'd get a sharpie and outline the erythematous area where the redness meets your normal skin color and watch it for growth within the next day. Can you describe whether it is itchy or painful? My only concern would be if it begins to ulcerate, then I'd go seek care. Certain species of spiders have hemolytic toxins that can cause some pretty bad necrotic ulcers (e.g brown recluse bites) that can potentially become disfiguring if not managed early w/ debriedement.