BTC: Heavy Negative Delta Flushes Spot Liquidity
BTC shows heavy negative delta on perps with manually driven spot sweeps at $67000 as traders flush positions amid bearish 4h structure.
SourceAnalysis
BTC recorded heavy negative delta on perps while price swept bid liquidity on spot in a manually driven move designed to flush positions for fills.
Price at $67000 sits below the EMA50 at $73285 and EMA200 at $76031 in a clear bearish trend structure with MACD at -1540 confirming the death cross. RSI at 13.27 marks extreme oversold momentum while price tests the lower Bollinger support at $67680, creating confluence for potential exhaustion before any relief bounce.
Skew Δ
@52kskewFull time trader & analyst