Bitcoin & Market Overview
🔹 BTC Price: $90,624 – Holding above key support at $90K, resistance at $95K-$100K
🔹 Open Interest: $50.03B → Increasing, indicating new leveraged positions
🔹 Volume: $98.71B → Market activity is HIGH, expect strong moves soon
🔹 Exchange Reserves: BTC reserves on exchanges are dropping sharply, signaling strong accumulation
What This Means:
👉 BTC supply is tightening, institutions and whales are stacking.
👉 If BTC clears $95K with volume, we’re heading for $100K+.
👉 If BTC loses $90K, expect sharp downside to $87K or lower due to liquidation cascades.
Whale & Exchange Activity
🔹 Large BTC Transactions → Whales moving hundreds of millions in BTC via Coinbase & private wallets
🔹 Funding Rates → Slightly positive, but NOT at extreme greed levels
🔹 Long/Short Ratio → Slightly bullish, but still balanced
What This Means:
👉 Smart money is accumulating BTC off exchanges → Expect reduced selling pressure.
👉 Leverage is building → If BTC moves hard in either direction, liquidations will accelerate the trend.
Actionable Trades: