Bitcoin’s bounce near $77K needs confirmation.
Crypto futures volume jumped 51% to $168B, but open interest fell 1.63%. That suggests heavy trading and position closures—not necessarily fresh confidence.
More than $382M in leveraged positions were liquidated in 24 hours.
My view: Don’t chase the bounce. Watch whether real spot buyers return before taking a risky long position.
$BTC #cryptotrading
Crypto futures volume jumped 51% to $168B, but open interest fell 1.63%. That suggests heavy trading and position closures—not necessarily fresh confidence.
More than $382M in leveraged positions were liquidated in 24 hours.
My view: Don’t chase the bounce. Watch whether real spot buyers return before taking a risky long position.
$BTC #cryptotrading