$BTC 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.