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Bitcoin just retested that weekend consolidation zone—looks like a classic re-accumulation pattern. Price got pushed back up near 91.4k, sitting right at local resistance now.
Here's what the order flow's telling us: spot traders are starting to fade this rally, selling into the move. Meanwhile perps? They're still piling on longs. You can see it clear as day—open interest climbing, perp CVD ticking up, but spot CVD heading the other direction.
That divergence drove us past 92k. Question is whether spot keeps selling or flips bullish again.