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Morning ☕️
BTC is retesting the weekly HFT range zone again. Hold off before jumping in—let's see how London and US trading hours react to confirm the direction.
Here's what's catching attention: the bearish divergence between perpetual and spot CVD remains in play. Translation? This rally isn't organic demand; it's leverage doing the heavy lifting. When perps and spot move in opposite directions on volume, that's typically a sign the move lacks conviction underneath.