Bitcoin dip buyers curb selling but questionable spot, futures volumes highlight weakness
60-second summary
Bitcoin dip buyers are actively present near range lows, opening new leveraged longs in the zone, however, the volumes lack the size needed to reverse the downtrend. Spot volumes remain low, around 3.5 billion, while futures volumes are slightly higher but still below the 10-day average, highlighting the overall weakness in the market.
Bitcoin dip buyers are present near range lows, and new leveraged longs opened in the zone but the volumes lack the size needed to reverse the downtrend.