#cryptotradingpro #metrics #BTC
📊 $BTC / USD: Market Analysis and Key Metrics
After attempting an impulse breakout to levels of ~$81,000, Bitcoin has entered a phase of local consolidation and is currently trading in the range of $78,000 - $79,000.
Let's analyze what is happening in the market and what to watch closely:
➡️ Volumes and CVD (Cumulative Volume Delta):
After the peak surge in volumes on August 25-26, activity has subsided. The decrease in CVD (especially on Binance and Bybit) indicates the dominance of aggressive market sellers during the pullback, but the price holds key levels.
➡️ Open Interest (OI) and Funding:
Open interest remains high (~$20B), but the Funding Rate has smoothed out to neutral values. This is a great signal: the market has unloaded itself from excessive leverage and risky longs (which is also confirmed by the wave of liquidations of $25M–$45M during the spill).
➡️ Cumulative Return:
The main driver of the current movement is the EU and US sessions — that’s where the main growth momentum took place. The Asian region (APAC) is still showing passivity.
🚦 Conclusion and scenarios:
The market is in a healthy cumulative pause. Big players are holding the price back without the risk of a panic dump.
🟢 Bullish Case: Holding the support zone of $77,500 – $78,000 paves the way for a retest of $81,000+ with the potential for a new high.
🔴 Bearish Case: A loss of $77,000 will send the price to withdraw liquidity to the $75,500 area.
⚠️ We are following the reaction to the discovery of the Americans! 🧠📈
📊 $BTC / USD: Market Analysis and Key Metrics
After attempting an impulse breakout to levels of ~$81,000, Bitcoin has entered a phase of local consolidation and is currently trading in the range of $78,000 - $79,000.
Let's analyze what is happening in the market and what to watch closely:
➡️ Volumes and CVD (Cumulative Volume Delta):
After the peak surge in volumes on August 25-26, activity has subsided. The decrease in CVD (especially on Binance and Bybit) indicates the dominance of aggressive market sellers during the pullback, but the price holds key levels.
➡️ Open Interest (OI) and Funding:
Open interest remains high (~$20B), but the Funding Rate has smoothed out to neutral values. This is a great signal: the market has unloaded itself from excessive leverage and risky longs (which is also confirmed by the wave of liquidations of $25M–$45M during the spill).
➡️ Cumulative Return:
The main driver of the current movement is the EU and US sessions — that’s where the main growth momentum took place. The Asian region (APAC) is still showing passivity.
🚦 Conclusion and scenarios:
The market is in a healthy cumulative pause. Big players are holding the price back without the risk of a panic dump.
🟢 Bullish Case: Holding the support zone of $77,500 – $78,000 paves the way for a retest of $81,000+ with the potential for a new high.
🔴 Bearish Case: A loss of $77,000 will send the price to withdraw liquidity to the $75,500 area.
⚠️ We are following the reaction to the discovery of the Americans! 🧠📈
