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$BTC Six consecutive days of spot accumulation since the 74.8k flush.
Open Interest remains stable after yesterday's decline, long positions have stopped exiting. Perpetual remains positive.
On the third day, compression is around 78.3k–78.7k, the market is currently squeezed.
80k is just ahead, we only need OI and Spot strength to continue the next breakout.
However, if we fall below this range, we will 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 gets closer each day.