BTC Price continues grinding higher while spot CVD keeps rising along with it. At the same time, open interest remains broadly flat. This suggests that the move is being supported by aggressive spot buying rather than a significant buildup in leveraged positions, which makes the current pump look relatively healthy. If spot demand does not fade and price pushes above $65.3K, invalidating the bearish structure, my short-term bias will flip bullish. In that case, a continuation toward the recent high at $67.3K would become increasingly likely.(Max Trades)