I’m watching $BTC around the $64K level right now.
What caught my attention is that futures traders are showing very strong bullish sentiment, while positive CVD suggests spot buyers are still active.
But there’s one thing I’m keeping in mind: funding rates are already very high. That means too many leveraged longs could make the market vulnerable to a quick pullback.
📌 My levels: • $64K hold → bullish momentum can continue
• Below $64K → I’d watch for a short-term pullback
• Strong spot buying + price holding support = the setup I want to see
For me, this is not about blindly chasing BTC. I’m watching how price reacts around $64K before taking the next trade.
#BTC #Bitcoin #Binance #BTCUSDT #Crypto #Trading #MarketUpdate
What caught my attention is that futures traders are showing very strong bullish sentiment, while positive CVD suggests spot buyers are still active.
But there’s one thing I’m keeping in mind: funding rates are already very high. That means too many leveraged longs could make the market vulnerable to a quick pullback.
📌 My levels: • $64K hold → bullish momentum can continue
• Below $64K → I’d watch for a short-term pullback
• Strong spot buying + price holding support = the setup I want to see
For me, this is not about blindly chasing BTC. I’m watching how price reacts around $64K before taking the next trade.
#BTC #Bitcoin #Binance #BTCUSDT #Crypto #Trading #MarketUpdate