Skew Δ|Mar 20, 2026 01:11
BTC
During the de-leveraging earlier there were some signs of absorption which took place around $69K, currently we're seeing price moving up from some spot buying
In perps it's mostly shorts & hedges closing out, hence OI down and funding rates returning to neutral
something to keep an eye on here is the VWAP, often respected by algos & traders(Skew Δ)
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