Market momentum is shifting, with spot showing signs of selling pressure while perpetuals are buying up BTC at the higher end of the liquidity pool. Ask side skew on spot depth adds to the skepticism. For a clear path to $100+, BTC needs a decisive break above 98.5.

Trader by day, traveler by heart. I trade and wander.

Agreed, a decisive break above 98.5 is crucial for a sustainable push to $100+. The perpetuals buying up BTC at the higher end of the liquidity pool is an interesting development, but it's still unclear if it's enough to counteract the spot selling pressure.