Bitcoin #CryptoMarkets #BinanceSquare #BTC #WriteToEarn

Bitcoin$BTC just smashed through $117.5K—up 6% in a day! 🎯 But before you load up more sats… pro traders are flashing yellow lights ⚠️
What’s the catch?
$963M in shorts got liquidated—classic short squeeze.
But spot demand? Meh. Order books are still ask-heavy 📉
Derivatives open interest dropped $1.58B—less fresh money, more panic closing.
Funding rates? 🧊 Chill. No signs of “overheating” yet.

So while the chart’s on fire 🔥, the engine (aka spot + inflows) isn’t exactly roaring.

Meanwhile, the U.S. dollar’s down bad—DXY at a 2-year low—helping Bitcoin $BTC look extra shiny 💸. Inflation vibes = digital gold narrative back in play 🟡

Options market? 👀 Bulls are eyeing $140K–$150K strikes for Sept/Dec. The whales are quietly loading up.

TL;DR: We got the breakout, but without real buyers stepping in, BTC might lose steam soon. Eyes on inflows and funding rates 📊
Agree or nah? Drop your take below! 👇
$ETH

#Bitcoin #CryptoMarkets #BinanceSquare #BTC #WriteToEarn