Eyes filled with tears Binance BTC spot just saw a massive volume spike on a candlestick, and perpetual contract open interest exploded before slowly declining. This is a sign of bulls gradually surrendering. There might still be some big moves ahead, but entering here shouldn’t be too far off the mark. 75K is MicroStrategy’s cost basis + the early April bottom, making it a very strong demand zone. Many people will want to buy lower than MicroStrategy’s average price—it’s the same concept as miners’ cost price.