Today's early morning time (4:30am & 6:30am in UTC zone), noticing there were some bull divergences as well as sell absorption happening at $BTC's key positions in spot market as well as derivatives markets (both USD Margin & COIN margin)
#BTC stabilises as momentum and on-chain activity improve, while derivatives stay cautious. Selling pressure eases but capital flows remain fragile, signalling a tentative recovery backdrop.