$BTC just got rejected from $79.5K. 👀

BTC high: $79,570
Now: ~$77,200
Perp OI: ~$8.09B
OI: ↑ from ~$8.02B in ~5h
Funding: +0.00675%

Here's what gets interesting:

Price pulled back while leverage increased.
Top-trader positions are still around 2.2:1 long/short.

So is this just a healthy pullback…
or are longs getting trapped?

$79.5K reclaim = bulls back in control.
$77K break = watch for a leverage flush.

#BTC #Bitcoin #Futures