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The Nexus
BUSINESSMay 7 · 15:20 UTCR/CRYPTOMARKETS/u/Crypto_Signal_Radar

BTC Day 6 Above 7-Day Average — But the Internals Are Quietly Deteriorating

BTC has been holding above its 7-day average for six consecutive days, but underlying metrics such as ETF inflows and open interest are showing signs of deterioration. The price is currently testing the 80.8k level, which is crucial for determining whether the consolidation is healthy or a sign of distribution. Institutions' lack of participation is a key factor to watch in the coming days.

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