BTC is up 5.79% on the day and still pressing the highs. Most people see that and assume the breakout is already done. That is the crowded read. Funding is still -0.54 bps, price still has not rolled over, and shorts are still leaning into strength. That is why the unwind risk stays live here. 74.90K is the acceptance level. Until then, strength still needs confirmation. #BTC
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