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$BTC Six consecutive days of spot accumulation since the 74.8k flush.
Open Interest remains stable after yesterday’s dip, and long positions have stopped exiting. Perpetuals remain positive.
On the third day, compression is in the 78.3k–78.7k range, and the market is currently squeezed.
80k is right around the corner—we only need Open Interest and Spot strength to push through the next breakout.
But if we fall below this range, we’ll test the 76.5k–77k level again.
Expect the breakout to start at the weekly open and sweep the high levels within the next 2–3 days.
The final sweep is getting closer every day.