#TradeWarEases
We continue climbing in this "stair-step" format, which tends to be good for the trend in bitcoin, as it has a short normalization impulse.📌
For now, the funding rate still shows no signs of excess, even though it has been quite positive since the 9th.
The greatest predominance of liquidity is found below the current price. Almost $12 BILLION in liquidations up to $95K.
We will need continued spot pressure, as it becomes more susceptible to rapid corrections in this short-term configuration.