After BTC broke through $90,000, the differences in spot selling pressure across platforms became evident. One leading exchange saw the heaviest selling, with about 3.6K BTC flowing out; another major platform also saw around 620 BTC sold on the spot market.
Meanwhile, one compliant platform remained relatively neutral, while Bitfinex, Gemini, and Kraken showed buying activity, though this quickly stabilized.
In the derivatives market, funding rates remained moderately bullish with no obvious signs of overheating. Open interest (OI) held steady without significant fluctuations.
On the order book side, since the price broke $90,000, ask depth has remained dominant. In the short term, the market is facing some selling pressure at this level, and the tug-of-war between bulls and bears continues.
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After BTC broke through $90,000, the differences in spot selling pressure across platforms became evident. One leading exchange saw the heaviest selling, with about 3.6K BTC flowing out; another major platform also saw around 620 BTC sold on the spot market.
Meanwhile, one compliant platform remained relatively neutral, while Bitfinex, Gemini, and Kraken showed buying activity, though this quickly stabilized.
In the derivatives market, funding rates remained moderately bullish with no obvious signs of overheating. Open interest (OI) held steady without significant fluctuations.
On the order book side, since the price broke $90,000, ask depth has remained dominant. In the short term, the market is facing some selling pressure at this level, and the tug-of-war between bulls and bears continues.