$BTC BTC is looking a bit strange...

The price has risen to 114.5k but the open interest hasn’t increased accordingly. The funding rate is starting to lean heavily towards long.

On the 1-hour chart, weak distribution candles are beginning to appear, resembling a discreet sell-off.

The last strong pump was similar, followed by an 8k drop without brakes in one night.

No recommendations, but those who know how to read will understand which stage we are approaching...