Bitcoin slips to $83K after losing $4,000 in a week
- —BTC trades near $83K, down from $87K a week earlier
- —Futures make up 90% of Binance activity; spot-to-futures ratio at 0.12
- —Binance open interest fell from $10.6B to $9.2B
- —EMA50 and EMA200 formed a golden cross for the first time since 2023
Why it matters: The rebound rests on leverage without spot confirmation, raising the risk of sharp pullbacks and liquidations.
Source: Comparic