DEEP RESTART: SIGNALS FROM BINANCE and COINBASE.
📊 The statistics show it.
Here, in Binance, after the panic period, Spot activity started to heat up again.
🪙 Since October 6, when Bitcoin entered a quite strong correction, leveraged positions had no chance against the movement and nearly 5 billion dollars in open interest disappeared on Binance alone.
That figure shows how violent the hit was for overexposed traders.
🧹 When a sweep like this occurs, it is often said that the market resets and a healthier phase begins.
📌 That is true, but only if the spot market intervenes and takes control. And that is exactly what we are seeing now.
Bitcoin spot volumes increased in parallel to the wave of liquidations.
As speculative positions were unwound, part of the flow returned to spot.
Everything showed a coordinated increase in volume while speculation falls:
🔹️This is a sign of repositioning with a longer horizon and less noise coming from futures.
👉 A key turn also occurred in Coinbase: the premium stopped being negative.
For weeks, institutions were selling at a discount to exit quickly.
The largest discount was seen on Friday at the local bottom.
There a spike in volume and strong selling pressure appeared.
🤞🏽 Since then, the pressure has eased and the price is gradually rising. If this transition continues, the market could be building a more solid floor.
#BTC #Spot #FutureTarding #coinbase $BTC $BNB $SOL