$BTC

Order flow doesn’t match the positioning narrative.

> Spot CVD holding up -> slope is up again as well

> Coinbase premium recovering -> shift in us spot selling pressure -> interesting if momentum keeps up

> Funding negative + OI dropping

-> looks like long deleveraging, not aggressive shorting.

Perps pushing, spot does not follow yet

No real structural weakness.

> if it stays like this, hedge longs could be considered

Positioning ≠ timing.

Click here to Trade 👇️$BTC

#DriftProtocolExploited #BitcoinPrices #BTCVSGOLD #AsiaStocksPlunge #DriftProtocolExploited

BTC
BTCUSDT
66,565.6
+0.36%