$BTC — Structure Check, No Hopium
Price is holding above 90K, but let’s be precise:
this is not strength, this is survival.
What the chart is telling us:
• Price rejected the 92.3–92.4K zone hard
• Now rotating below MA(25) & MA(99) → trend pressure still down
• RSI stays weak → buyers are defensive, not aggressive
Now the important part (most miss this):
• Open Interest dropped fast, then started rebuilding
• That means positions were flushed, not confirmed
• Current bounce is happening with cautious participation
What to watch next:
• Acceptance above 90.7–91K → short-term relief possible
• Failure to reclaim → range turns into distribution
• Any sharp OI spike near resistance = trap risk
This is not about guessing direction.
It’s about recognizing who is in control and who is reacting.
Read the behavior — not your emotions.
#BTC #MarketStructure #OpenInterest #CryptoTrading #RiskManagement