Bitcoin has experienced a slight dip of more than 3% in the past week, with on-chain data revealing differing sentiments between the spot and futures markets.
In the spot market, retail participation and order sizes are neutral, indicative of market stabilization. However, futures market activity suggests potential short-term caution signals.
Retail activity in the futures market is on the rise, signaling possible volatility ahead. Despite this, buyers still maintain dominance in Taker CVD, hinting at continuing bullish control.
Bitcoin funding rates have turned negative for the first time since surpassing $100K, historically preceding sharp recoveries. This shift could present a 'buy-the-dip' opportunity in a key inflection point as BTC hovers around $104K.