🚀 Bitcoin's rollercoaster ride continues! After flirting with the $100K mark, BTC slipped to $94,500 overnight. Are we in for a deeper dive below $90K? 🤔

🔍 Key indicators like the 25-delta risk reversal suggest a bearish tilt, with traders hedging against further drops. On Deribit, puts are gaining traction over calls, hinting at cautious sentiment.

📉 The Coinbase premium has vanished, reflecting weakened U.S. demand and a bearish order book skew. Meanwhile, RSI divergence signals a potential momentum shift.

💬 What are your thoughts on BTC's next move? Share your insights below! #Bitcoin #CryptoAnalysis