
Skew Δ|Apr 25, 2025 13:45
BTC
Notably this grind higher has been entirely driven by passive buyers
- limit chasing buyers/buyer
Binance Spot CVD remains relatively flat compared to price & clear divergence with LTF highs being sold
Likely means market has to auction through that 95K ask liquidity cluster & strong taker bid to see a strong move higher
Market wants higher but more required to get there
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