$BTC Is Facing Serious Pressure! The Next Move Could Surprise Everyone 🚨
BTC derivatives are showing some warning signs. OI climbed to 100.7K before cooling towards 99.4K. Funding remains positive at 0.00801%, while the long/short ratio is around 2.80. Long positioning is still crowded, leaving room for another squeeze if price weakens.
1H futures CVD is around -82.2K and spot CVD -15.5K. Spot flows are also negative on 1H (-111.99 BTC) and 4H (-256.50 BTC), although 1D flow remains positive at +558.75 BTC. So short-term selling is visible, but broader spot demand hasn't disappeared.
But guys, derivatives alone aren't enough to judge $BTC right now. Macro could decide the next big move. October CPI came in hotter than expected, DXY climbed towards 102.88, and oil rebounded to around $92.89 for Brent and $87.27 for WTI amid renewed Iran-related concerns. US bond markets are closed today for Veterans Day, so there's no fresh yield confirmation.
The liquidation map shows upside liquidity around $74.5K-$75.7K, with further clusters towards $76K-$78K. Downside zones sit around $73K-$73.3K, $72.3K-$72.5K and $71.7K-$72K.
👉 My view: I lean bearish, but BTC could first squeeze towards $75K-$76K before moving lower.
BTC SHORT CONFIGURATION
Current entry: $73,900-$74,200 (after rejection)
Recommended entry: $74,400-$74,700
Upper entry: $75,500-$76,000
TP1: $73,300
TP2: $72,500
TP3: $71,800
SL: $76,350
Watch oil and geopolitical news closely. If oil rises alongside renewed yield pressure when bond trading resumes, and tensions around Iran escalate, the short case gets stronger. If oil cools and BTC reclaims $75K with strong spot buying, don't force the trade. Wait for confirmation and manage your risk.
Next Token 👉 $ZEC
BTC derivatives are showing some warning signs. OI climbed to 100.7K before cooling towards 99.4K. Funding remains positive at 0.00801%, while the long/short ratio is around 2.80. Long positioning is still crowded, leaving room for another squeeze if price weakens.
1H futures CVD is around -82.2K and spot CVD -15.5K. Spot flows are also negative on 1H (-111.99 BTC) and 4H (-256.50 BTC), although 1D flow remains positive at +558.75 BTC. So short-term selling is visible, but broader spot demand hasn't disappeared.
But guys, derivatives alone aren't enough to judge $BTC right now. Macro could decide the next big move. October CPI came in hotter than expected, DXY climbed towards 102.88, and oil rebounded to around $92.89 for Brent and $87.27 for WTI amid renewed Iran-related concerns. US bond markets are closed today for Veterans Day, so there's no fresh yield confirmation.
The liquidation map shows upside liquidity around $74.5K-$75.7K, with further clusters towards $76K-$78K. Downside zones sit around $73K-$73.3K, $72.3K-$72.5K and $71.7K-$72K.
👉 My view: I lean bearish, but BTC could first squeeze towards $75K-$76K before moving lower.
BTC SHORT CONFIGURATION
Current entry: $73,900-$74,200 (after rejection)
Recommended entry: $74,400-$74,700
Upper entry: $75,500-$76,000
TP1: $73,300
TP2: $72,500
TP3: $71,800
SL: $76,350
Watch oil and geopolitical news closely. If oil rises alongside renewed yield pressure when bond trading resumes, and tensions around Iran escalate, the short case gets stronger. If oil cools and BTC reclaims $75K with strong spot buying, don't force the trade. Wait for confirmation and manage your risk.
Next Token 👉 $ZEC
