$BTC – Highlighted zone shows bounce while Open Interest declines → positions closing. Driven by short squeeze, not fresh longs.

Observations:

• CVD weak → no strong spot demand

• Coinbase premium negative → limited institutional buying

Summary: Liquidity-driven move, not real demand.

Uptrend needs rising OI + strong spot inflows. Temporary relief, no trend confirmation yet.

$BTC

BTC
BTCUSDT
68,396
+2.97%