Looking at this from a capital-flow perspective: “The BTC price spread between a certain exchange and Binance hits a year-to-date high; the market is watching for convergence once arbitrage resumes.”
When positive news comes out, off-exchange capital often moves first. The key is to watch whether aggressive buying can follow through.
$BTC 24h trading volume: $517 million. Add it to the watchlist for now.

#BTC