I just took a look at $BTC CME gap position, which has basically been filled. As the market moves higher, there are more selling pressure and short-selling users. The spot and futures CVD are currently showing outflows, and there is still a risk of filling the CME gap. If we cannot break through 84k in the short term, it is likely that this rebound will end.



Since breaking through 80k, the area above has been filled with short liquidity. The pattern is upward - liquidation - pullback. If the market remains strong, it may attempt to test the 84k level again (based on MicroStrategy still holding purchases). Today, we are focusing on the support at 80k; if support holds, the bulls can still have upward momentum. If support fails, the price could drop to 77k.
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GateUser-276116e2
· 4h ago
Gap filling risk + selling pressure, the bulls need to put in more effort, otherwise it will be another false breakout.
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Post-RainCandlestick
· 4h ago
If MicroStrategy buys another round, 84k is really possible, but we need to see the market sentiment when the US stocks open tonight.
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CyberBridgeShadow
· 4h ago
CVD outflow + gap filling, this script is too familiar, every rebound is the same routine.
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MistValleySignpost
· 4h ago
CME gap fill is just that—filled. Don't scare yourself unnecessarily. The key is whether $80k can hold.
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GateUser-ed0f08f1
· 4h ago
Buy the dip and enter the market 😎
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0xPeachy
· 4h ago
If you can't hold 80k, just go to 77k to find support? Then the previous breakout was just lonely.
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