BITCOIN BREAKOUT? THE DATA DISAGREES $BTC ⚠️

Bitcoin’s 4H RSI is still near 60, while futures open interest has dropped 10% over the past week, signaling the move lacks leverage confirmation. Ethereum’s on-chain activity is still lagging 2021 levels despite a 20% monthly run, and the compressing BTC/ETH volatility spread plus next week’s Fed meeting keep macro stress elevated.

I think this matters because the market is trying to price a breakout before participation shows up. When momentum, open interest, and on-chain data diverge like this, the first violent move is often a trap.

Not financial advice. Manage your risk.

#Bitcoin #Crypto #DeFi #Fed #BTCDominance

⚡

BTC
BTCUSDT
66,382.3
-3.41%