$BTC — Structure Check, No Hopium

Price is holding above 90K, but let’s be precise:

this is not strength, this is survival.

What the chart is telling us:

• Price rejected the 92.3–92.4K zone hard

• Now rotating below MA(25) & MA(99) → trend pressure still down

• RSI stays weak → buyers are defensive, not aggressive

Now the important part (most miss this):

• Open Interest dropped fast, then started rebuilding

• That means positions were flushed, not confirmed

• Current bounce is happening with cautious participation

What to watch next:

• Acceptance above 90.7–91K → short-term relief possible

• Failure to reclaim → range turns into distribution

• Any sharp OI spike near resistance = trap risk

This is not about guessing direction.

It’s about recognizing who is in control and who is reacting.

Read the behavior — not your emotions.

#BTC #MarketStructure #OpenInterest #CryptoTrading #RiskManagement