BTC Intraday Update Session Transition Asia + Europe drove the move higher → strong inflows earlier → price expanded into the ~78K zone US session opened without continuation impulse Flows Spot: ~+$450M 24h → holding, but not expanding Futures: slight outflows / cooling after earlier inflows → no aggressive US positioning yet Price Behavior After the push to ~78.3K: → momentum stalled → small pullback / consolidation → no breakout continuation Market is holding highs, but not extending Positioning Earlier move was derivatives-led Now: → futures slowing down → spot not increasing → no new aggressive buyers entering Interpretation US session is neutral so far → not selling aggressively → not chasing the breakout This creates a pause phase after expansion Conclusion Asia/EU pushed the move US session has not confirmed it yet → structure shifts from expansion → consolidation Next: → either continuation with new flows → or fade back into range Not financial advice.