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$BTC Spot vs Perp Divergence
Seeing a consistent divergence (today) between spot and perp volume.
Also seeing funding rates increase, suggesting weakness in this range.
Unless we see a spike in spot volume (BTC reclaim 66k), the price should continue lower.
Seeing a consistent divergence (today) between spot and perp volume.
Also seeing funding rates increase, suggesting weakness in this range.
Unless we see a spike in spot volume (BTC reclaim 66k), the price should continue lower.