$BTC
is holding 83K. The flow underneath has been selling since the 87.4K top.

Market sellers own this range. Resting bids on both books keep absorbing them.

- Spot CVD -375.9M
- Perp CVD -903.23M
- Coinbase Premium -0.04%, red almost the entire window
- Depth delta +455 spot, +3.5K perps
- Funding -0.0013%, OI 7.79B flat

Bids are doing the job US spot buyers refuse to do. If 82.4K gives, the next real liquidity sits near 80K.