📉 Bitcoin (BTC) takes a 4% dip, but don't panic! The $66,000 support is holding firm like a stubborn mule. 🐴 Meanwhile, Bitcoin derivatives markets are buzzing like a bee on caffeine, with open interest hitting a 16-month high. 🐝

Stock market's robust, Treasury yield's up, and investors are ditching fixed-income positions faster than a hot potato. 🥔 They're favoring Bitcoin, and who can blame them?

The futures market is showing moderate optimism, with the funding rate at a modest 0.35% per week. The 3-month futures premium is a bit high at 14%, but not alarmingly so.

So, what's the takeaway? 🤔 The market's healthy, Bitcoin's resilient, and there's no immediate fear of cascading liquidations. So, keep calm and HODL on! 💪

What are your thoughts on these market trends? Share in the comments below! 👇