Alright frens, we’re in that zone again. BTC did a lil’ flex above $97K—then pulled back just under it. People are already screaming:
“IT’S GONNA BREAK $100K!!”
“NOOO, CORRECTION INCOMING!!”
Chill. Let’s zoom in.
First off, perp OI went up by $3B in just 48 hours. That’s a LOT of leverage being tossed into the ring. Add in the positive funding rates? Yeah, the apes are aping.
BUT WAIT—this ain’t just a degens-only party.
Spot ETF boys slid in quietly with a $370M buy over the last 2 days. That’s not just noise—that’s institutional love.
So what’s the setup?
• Liquidation zones looking clean. Shorts & longs? Balanced like a seesaw.
• No clear squeeze bait… YET.
• The REAL alpha? Gonna come from Coinbase Premium during US hours.
If we see spot demand spike hard, especially from Coinbase?
I’m betting on a GOD CANDLE. $100K could literally flash.
But if the spot buyers ghost us?
Don’t be shocked if we get a long squeeze down to the $94K–$95K zone. Just a healthy lil’ reset.
TL;DR: Watch the premium. Watch the funding. Don’t fade the ETFs. And pls stop trading based on vibes only.
We’re close to something BIG. Stay sharp, stay spicy.
BTC boutta decide the mood of CT this week.
LOCK IN OR GET SHOOK OUT.
