X @Wu Blockchain
Wu Blockchain·2026-02-04 12:05
QCP analysis said Bitcoin dipped to about $72.9k, a post-election low, before rebounding to test the $75k level. The move was accompanied by falling futures open interest and negative funding, indicating deleveraging. Options show elevated front-end volatility, mild backwardation, and steeper downside skew, reflecting near-term downside risk. The $75k level is a key inflection point: holding supports risk additions, while a break signals a defensive turn. https://t.co/DTXIN7MOpN ...