Over the past month, BTC appears to be strong in US and Asian time.

source: Velo data

TIAがんばれー

lfg

CVD by Exchange

It looks like the spot CVD (bottom green) is unwilling to do so and is forced to be supported by the perp.

The spot-led rally is pausing, so it will be interesting to see if spot sides with perp.

I saw something very interesting yesterday that I want to share with you all.
The buy board of the 1.6k BTC spot was able to support the decline and the divergence from the perp was quite large momentarily.

←perp spot→

There is a huge BUY wall.

1600 BTC

thx, BTC 🔥

wen token?