I've noticed that Bitcoin is stuck around $73-74K and isn't in a hurry to climb back above $80K. At the same time, an interesting phenomenon: January futures are behaving strangely, not fully reflecting the liquidations happening in the spot market. It's as if the market is operating on some binary code, where the spot and derivatives are not quite in sync.



Usually, when mass liquidations begin, futures fall in sync, but now the picture is more complicated. It seems that large players are hedging through January contracts, preventing the price from dropping even further. Maybe this is support before some event, or just accumulation ahead of the next move.

Overall, the situation is ambiguous. The price is holding, but there's no sign of energy to break above $80K yet. We are watching the volumes and the behavior of large positions.
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