#BTC# Regarding the current move up, here’s what I can say 👇



The price is rising while Open Interest is dropping — meaning the move isn’t driven by new longs.
It’s likely that old shorts are getting liquidated or some positions are being closed.
CVD is rising along with the price, so there’s no clear bullish divergence here.

I always prefer to see price rising together with Open Interest, because market participation matters during uptrends.

Also, be cautious with weekend moves — especially on Sundays, as they’re often unreliable.

We currently have a resistance zone between 110K–111K ⚠️

#Bitcoin
BTC-0.14%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 12
  • Repost
  • Share
Comment
0/400
AylaShinexvip
· 10-20 08:19
Ape In 🚀
Reply0
Ybaservip
· 10-20 06:43
Bull Run 🐂
Reply0
JOHAR09vip
· 10-19 20:42
Bull Run 🐂
Reply0
JOHAR09vip
· 10-19 20:42
1000x Vibes 🤑
Reply0
Crypto_Buzz_with_Alexvip
· 10-19 19:11
2025 GOGOGO 👊
Reply0
Crypto_Buzz_with_Alexvip
· 10-19 19:11
Watching Closely 🔍
Reply0
Crypto_Buzz_with_Alexvip
· 10-19 19:11
Buy To Earn 💎
Reply0
Crypto_Buzz_with_Alexvip
· 10-19 19:11
DYOR 🤓
Reply0
Crypto_Buzz_with_Alexvip
· 10-19 19:11
1000x Vibes 🤑
Reply0
Crypto_Buzz_with_Alexvip
· 10-19 19:11
HODL Tight 💪
Reply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)