📉 BTC Still in Downtrend

While Open Interest is decreasing, signaling a possible early sign of selling exhaustion, the broader trend remains bearish.

🔍 Other key indicators:

📊 Funding Rate: Still favoring shorts

📉 Basis Rate: Also supporting downside bias

⚠ What to watch:
Wait for a clear breakout above the trendline before considering long entries. Until then, stick to short setups only.

💡 Stay sharp. The market is hinting — but not yet confirming a shift.

BTC
BTCUSDT
68,930.2
+7.17%

#BTC #CryptoTrading #BitcoinAnalysis #TrendWatch #OpenInterest