$BTC - Market Update (8/8)BTCUSDT Perpetual ContractBYBIT:BTCUSDT.PTealstreetBTC is still testing 65k here. If we keep holding the 64k into the weekend and the 63.5k-62.5k POI gets frontrun, I'm happy to scale into longs. There's a heavy sell wall around 65.3k-65.6k, with more than 1,500 BTC stacked on Binance perps. Binance and Bybit perps absorbed roughly $600M in aggressive buying over the past 24 hours, while Coinbase saw -$36.7M in net selling, suggesting spot demand is relatively weak. The largest buy walls are concentrated around 64.5k-64.2k and short liquidations have already reached $18.3M, so the squeeze fuel has likely been exhausted. So, a retest of 64.5k-64.2k is likely before any sustained move higher. Have a great weekend!