$BTC keeps testing $76K, and keeps getting rejected.

After multiple failed breakouts, price is still stuck in a wide range.

But underneath that, pressure is building:

• Funding has stayed negative for weeks → heavy short bias

• Open interest rising → positioning stacking up

• Price holding steady → no real breakdown

That’s not weakness. That’s compression.

Either: → Break $76K and squeeze to $80K+

→ Or lose momentum and revisit $60K–$66K

When a range lasts this long, the move that follows is rarely small.

Patience > prediction here.