"🧨 Cooldown or Set‑Up? Bitcoin’s Futures Market May Be Hinting at a Major Breakout"

Bitcoin is currently trading around $118,300, showing signs of lower leverage and fading speculative pressure—even as it nears recent highs .

That shift is being tracked by analysts at CryptoQuant:

Open interest and funding rates are cooling down

Futures premiums are narrowing → a sign of de-risking among traders

If this cooling continues alongside organic spot demand, BTC could be building a stronger foundation for a breakout above $123K in the near future .

👀 On-chain data also suggests some long-term holders are taking profits—but not enough to disrupt long-term bullish momentum .

Takeaway: BTC might be resetting for a cleaner, more sustainable move—no irrational hype, just logical setup.

⚠️ Not financial advice. Always DYOR

#Bitcoin #CryptoMarket #FuturesAnalysis #BTC #