$BTC
Absolute bloodbath today.
After weeks of solid spot demand, both spot and perp CVD just made new lows. Open interest spiked hard — aggressive shorts piling in.
What's worse: spot finally cracked and started selling too. Adding real downside pressure now.
No meaningful signs of strength yet. This is capitulation territory until proven otherwise.
Absolute bloodbath today.
After weeks of solid spot demand, both spot and perp CVD just made new lows. Open interest spiked hard — aggressive shorts piling in.
What's worse: spot finally cracked and started selling too. Adding real downside pressure now.
No meaningful signs of strength yet. This is capitulation territory until proven otherwise.
