$BTC โ Structure Check, No Hopium
Price is holding above 90K, but letโs be precise:
this is not strength, this is survival.
What the chart is telling us:
โข Price rejected the 92.3โ92.4K zone hard
โข Now rotating below MA(25) & MA(99) โ trend pressure still down
โข RSI stays weak โ buyers are defensive, not aggressive
Now the important part (most miss this):
โข Open Interest dropped fast, then started rebuilding
โข That means positions were flushed, not confirmed
โข Current bounce is happening with cautious participation
What to watch next:
โข Acceptance above 90.7โ91K โ short-term relief possible
โข Failure to reclaim โ range turns into distribution
โข Any sharp OI spike near resistance = trap risk
This is not about guessing direction.
Itโs about recognizing who is in control and who is reacting.
Read the behavior โ not your emotions.
#BTC #MarketStructure #OpenInterest #CryptoTrading #RiskManagement