💰 $BTC : Spot Buyers Are Taking Control! 📈
Something interesting is happening around $80K. Futures traders keep selling, but spot buyers are absorbing that pressure, preventing BTC from breaking lower.
Spot CVD is climbing while perpetual CVD keeps falling, and open interest has reached $7.84B.
That’s a strong sign of underlying demand. I’m expecting a local bounce, with short positions potentially adding fuel to the move. 👀
Something interesting is happening around $80K. Futures traders keep selling, but spot buyers are absorbing that pressure, preventing BTC from breaking lower.
Spot CVD is climbing while perpetual CVD keeps falling, and open interest has reached $7.84B.
That’s a strong sign of underlying demand. I’m expecting a local bounce, with short positions potentially adding fuel to the move. 👀
