Post
Zoya-Noor
🚨 $BTC setup is getting tight.
Wallet 0x66f8 just covered a short equal to 4.9% of Hyperliquid BTC OI, pushing BTC to $63,085.
But the bigger issue:
❌ 6 failed attempts above $65K
📉 Spot volume at its lowest since early 2019
⚠️ Perp funding still positive
BTC now needs real spot buyers to push through $65.5K.
Until then, this looks more like short-covering than genuine demand. 👀
$BTC
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