According to @52kskew, Bitcoin (BTC) is experiencing a typical weekend bounce driven by taker bids in spot and perps, with Perp Open Interest (OI) and Cumulative Volume Delta (CVD) showing perp longs pushed price up before cutting and pressuring price lower, source: @52kskew. The bounce likely faced passive selling from resting offers, indicating supply absorption on the way up, source: @52kskew. On the 4H chart, price has retested the 4H ribbon and the 4H 21EMA, source: @52kskew. The $86K–$88K zone is crucial for the market to reclaim for any significant relief, making it the immediate resistance band to watch, source: @52kskew. Traders should monitor Perp OI and CVD during any attempt to reclaim $86K–$88K to validate follow-through, source: @52kskew.