$BTC Currently, price, CVD, and spot CVD are all declining, which points to a strong bearish trend.
What’s interesting, though, is that this time perps are selling more aggressively than spot, which is unusual compared to the past few months.
This suggests the current move is being driven primarily by new shorts entering the market, making it vulnerable to a short squeeze if spot starts buying again.
$BTC There should still be some more downside left.
Although price has already pushed lower quite a bit, most of the liquidity still remains below.
Price is currently trading in a clear downtrend with lower highs and lower lows, which is why I'm expecting price to clear out the remaining liquidity below before we see another bounce.
As long as BTC remains in a downtrend, I'll continue looking for short opportunities. Only once structure flips bullish again will I start looking for potential longs.
The latest BABE benchmark published by @BabylonLabs_io highlights a metric that receives far less attention than protocol integrations. Verifier storage is reduced from approximately 42 GiB to around 22 MiB, representing an improvement of more than 1,900×, while maintaining Bitcoin compatible zero knowledge proof verification.
$BABY this isn't just another performance statistic. Verification systems rarely struggle because cryptography is weak. They struggle because infrastructure becomes too expensive to operate at scale. Lower storage requirements mean lower hardware costs, faster deployment and a smaller operational footprint for anyone running the verification process.
That shifts the bottleneck. #baby Instead of asking whether Bitcoin can support advanced cryptographic verification, the discussion becomes whether lightweight verification can accelerate adoption of native collateral infrastructure.
Engineering progress is often measured by what users never notice. Reducing verification overhead by nearly 1,900× could prove more valuable over time than adding another application to the ecosystem.