$BTC Price dumped just after we posted our last orderflow,
And looks like it's trying to bounce from the 76.6k lows here,
We got massive long liquidation on the previous dump and got a lots of longs flushed.
OI is going up rn alongside perps but spot sellers are getting more aggressive here,
The divergence is clearly visible and this move is derived from perps/late longs,
Every bounce this week got sold off and flushed the longs,
If it continues to go like this with spot selling, I am expecting the entire pump to get retraced back and test lower (mO).
$75–76K is next on LTF.