Market Update - BTC Rebounds, But Risks Remain Following today’s hotter-than-expected PPI, BTC briefly dropped below $80K before recovering toward $82.5K The latest market structure data: 🔹Spot volume: 32.2K BTC, already near yesterday’s full-day volume. 🔹OI: $25.39B, slightly higher than yesterday. 🔹Funding: Down ~21%, but still positive. The recovery is encouraging, particularly given the substantial spot activity. However, elevated OI and positive funding suggest leverage remains in the system. This is not yet a confirmed bullish reversal. 🟢 Key levels: Support: $82K / $80K Resistance: $83.9K I’ll remain cautious until price action and derivatives positioning provide clearer confirmation. Meanwhile, I’ll start evaluating opportunities to gradually rebuild spot exposure to selected crypto assets. NFA. DYOR ⚡️