Market’s coiled. Big move loading. ⏳

But in which direction?
OI is climbing so positions are building. Funding is slightly negative so no crowded longs, slight short bias. Long/short ratios are basically 50/50.
Key part: there’s more liquidity below price than above. Bigger target sitting underneath.
So you’ve got:
• Rising OI
• Neutral positioning
• Negative funding
• Liquidity stacked below
That usually means one thing a move down first to sweep liquidity, then watch for a reaction. Either break to new lows or simply range back up to these highs.
It could take a possible catalyst to decide which direction we take next, could be Sunday with peace talks taking place?
If we break above I like targets around 87/88k.
If we break down I like targets around 65/66k.