$BTC pushed through 64,000 USDT and traded between 62,348 and 64,394 dollars over the past 24 hours, with the latest quoted near 64,002. Spot volume came in around 1.14 billion dollars while futures volume reached 11.7 billion, so the move is still being tested heavily in derivatives rather than running on a thin tape.
What stands out is the structure under the move. Average leverage is about 10.3x, but funding is only +0.0008%, which suggests positioning is active without looking overheated on