$BTC
Classic Sunday scam pump setup developing right now.
Since Friday's low around $83.8k, perp traders have gone back to leaning long — slowly grinding price higher through the weekend. But here's the tell: Spot CVD isn't moving with price. This rally is being driven by aggressive perp buying, not real spot demand.
That makes $BTC increasingly vulnerable to a long squeeze, especially as leverage stacks up.
I'm watching this closely. If the move stays perp-driven without spot confirmation, I'm looking for short entries around $86k–$87k. That's where the trap likely springs.
Classic Sunday scam pump setup developing right now.
Since Friday's low around $83.8k, perp traders have gone back to leaning long — slowly grinding price higher through the weekend. But here's the tell: Spot CVD isn't moving with price. This rally is being driven by aggressive perp buying, not real spot demand.
That makes $BTC increasingly vulnerable to a long squeeze, especially as leverage stacks up.
I'm watching this closely. If the move stays perp-driven without spot confirmation, I'm looking for short entries around $86k–$87k. That's where the trap likely springs.
