Bitcoin (BTC) Weekend Bounce: Perp OI and CVD Signal Passive Selling; 4H 21EMA Retest and $86K–$88K Reclaim Are Key for Relief | Flash News Detail | Blockchain.News
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11/23/2025 7:44:00 AM

Bitcoin (BTC) Weekend Bounce: Perp OI and CVD Signal Passive Selling; 4H 21EMA Retest and $86K–$88K Reclaim Are Key for Relief

Bitcoin (BTC) Weekend Bounce: Perp OI and CVD Signal Passive Selling; 4H 21EMA Retest and $86K–$88K Reclaim Are Key for Relief

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.

Source

Analysis

Bitcoin (BTC) traders are witnessing a familiar pattern unfold as the weekend bounce takes center stage, offering potential trading opportunities amid volatile market conditions. According to crypto analyst Skew Δ, this typical weekend surge in BTC price is largely fueled by taker bids on both spot and perpetual markets. The analysis highlights how perpetual open interest (OI) and cumulative volume delta (CVD) play pivotal roles, with perp longs pushing prices upward before getting liquidated, which often leads to subsequent declines. This dynamic suggests that the current bounce might have been sold into passively, creating a cautious outlook for short-term traders. As BTC retests key technical levels on the 4-hour chart, including the 4H ribbon and 4H 21EMA, the $86K to $88K range emerges as a critical zone for bulls to reclaim if significant market relief is to materialize.

Analyzing BTC's Weekend Bounce and Key Technical Indicators

In the realm of cryptocurrency trading, understanding weekend price movements is essential for spotting profitable entries and exits. Skew Δ's insights from November 23, 2025, emphasize that BTC's weekend bounce is driven by aggressive buying on spot and perp markets, where taker bids dominate the action. Traders should note the behavior of perp OI, which swells as longs accumulate during the upswing, only to trigger cascading liquidations that reverse the momentum. This pattern has been observed repeatedly in BTC's price history, making it a reliable signal for experienced traders. On the 4-hour timeframe, BTC has retested the 4H ribbon—a bundle of moving averages that acts as dynamic support—and the 4H 21EMA, which often serves as a short-term trend indicator. If BTC can hold above these levels, it could signal a stronger recovery, but failure to do so might lead to deeper corrections. For those eyeing trading pairs like BTC/USDT or BTC/USD, monitoring trading volumes during these bounces is crucial, as spikes in volume can validate the move's sustainability.

Crucial Price Levels and Trading Strategies for BTC

Focusing on the $86K to $88K area, this resistance zone is pivotal for BTC's next leg up, according to the analysis. Breaking through here could provide significant relief, potentially targeting higher resistances around $90K or beyond, based on historical price action. Traders might consider long positions if BTC reclaims this range with conviction, supported by increasing on-chain metrics such as rising transaction volumes or positive funding rates in perpetual futures. Conversely, if rejection occurs, short sellers could find opportunities targeting supports near $80K, where previous bounces have found footing. Incorporating multiple trading pairs, such as BTC/ETH or BTC against stablecoins, allows for diversified strategies, hedging against broader market risks. Market indicators like the Relative Strength Index (RSI) on the 4H chart could provide overbought or oversold signals, aiding in timing entries. For instance, if RSI climbs above 70 during the bounce, it might indicate overextension, prompting profit-taking.

From a broader market perspective, this weekend bounce aligns with seasonal trends in cryptocurrency, where reduced weekday liquidity often amplifies weekend volatility. Institutional flows, including those from Bitcoin ETFs, could influence the sustainability of this move, especially if spot buying resumes post-weekend. On-chain data, such as active addresses and whale movements, should be tracked to gauge sentiment—rising metrics often correlate with bullish continuations. Traders are advised to use stop-loss orders around key levels to manage risks, particularly in a market prone to swift reversals. Looking ahead, if BTC fails to breach $88K, it might consolidate in a range, offering scalping opportunities for day traders. Overall, this analysis underscores the importance of technical confluences in BTC trading, blending price action with market structure for informed decisions.

Delving deeper into trading volumes and OI dynamics, the perp market's CVD reveals how long positions build during upticks but get cut during pullbacks, creating a self-fulfilling cycle. This was evident in the recent bounce, where passive selling likely capped gains. For advanced traders, analyzing cross-market correlations—such as BTC's influence on altcoins like ETH or SOL—can uncover arbitrage plays. If BTC reclaims the crucial zone, it could spark a ripple effect, boosting overall crypto market cap. Sentiment indicators, including fear and greed indexes, currently hover in neutral territory, suggesting room for upside if positive catalysts emerge. In summary, Skew Δ's breakdown provides actionable insights for BTC traders, emphasizing patience and precision in navigating these weekend patterns. By focusing on verified technical levels and market data, investors can position themselves for potential relief rallies or defensive plays, always prioritizing risk management in this high-stakes environment.

Skew Δ

@52kskew

Full time trader & analyst