Decent move from BTC during the Asian session into Europe. Spot bid still persistent, but toward the highs we’re seeing a large chunk of OI added looks like late longs stepping in. The move up has been driven mostly by short liquidations, and we’re now approaching range highs.
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Decent move from BTC during the Asian session into Europe. Spot bid still persistent, but toward the highs we’re seeing a large chunk of OI added looks like late longs stepping in. The move up has been driven mostly by short liquidations, and we’re now approaching range highs.