Skew Δ|Jun 02, 2026 17:17
BTC
Pretty relentless spot selling since $74K which will later be attributed to an exit or at the very least de-risking
however that being said spot orderbooks are at highest bid depth since the initial sweep of $60K (Feb 5th)
Largest current clusters of bids aka demand are
~ $65K
~ $60K
I think in near term it would make sense to see localized exhaustion into those levels, which would give the market a good opportunity for relief(Skew Δ)
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