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#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