📈 Bitcoin price jumped to $98,120 (+5% overnight), but trading volumes are down 10%. Meanwhile, funding rates remain low and total open interest in futures is up 1.3% - the market is preparing to move, but where to?
💸 Outflows from BTC ETFs have slowed but are still significant, and strong resistance at 100K remains unbroken. The nearest support is far away - at 93K. Interestingly, top wallets are refraining from activity on this correction so far.
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