Bitcoin Tests $78.6K Resistance for the Seventh Time as Liquidity Builds Above

TLDR: Bitcoin has tested the $78,657 daily resistance seven consecutive times since April 22 without a confirmed breakout. Open Interest fell just 0.69% while price advanced, pointing to spot demand rather than leveraged futures driving the move. Funding Rates briefly hit -2.24% on May 1, reflecting extreme short pressure and a potential setup for a [...]

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