$BTC Price is slowly grinding higher while funding is starting to move back into positive territory.

At the same time, open interest remains flat to slightly declining, suggesting there’s no strong positioning behind this move.

Spot volume is also fading, pointing to a lack of real demand.

This looks more like a slow drift higher rather than a conviction-driven move.

If this continues, the upside becomes increasingly fragile.

BTCUSDT

Perp

81,083.3

+0.42%