6 days ago
7
Key Takeaways
- BTC at $72,750 on Binance, holding above rising 50 SMA at $72,195.
- Binance exchange inflows collapsed to 842 BTC on April 11.
- Squeeze Risk Oscillator at -0.32.
- Binance Whale Concentration Ratio at 79.43%, USDT reserve at $2.45B.
- Binance shows highest OI-price correlation of any major exchange.
What the Chart Shows – and Why Binance Specifically
Bitcoin is at $72,750 on Binance, holding just below the session high of $72,777, after it broke above $73,000 yesterday, following the CPI data. The 50 SMA sits at $72,195, rising, and now acting as support after price crossed above it during the April 8 ceasefire spike. The RSI is at 53.23 with the signal line at 58.70. Both readings are in neutral-to-bullish territory, momentum pulled back from the recent high without reaching overbought and is consolidating.
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