🚀 Bitcoin surged past $61,000 ahead of the U.S. market open on Tuesday, but is it a short-term peak? Trading volume on Binance spiked, with $85 million in spot volume in just one hour, according to Glassnode. Historically, such surges have preceded price pullbacks, and true to form, BTC dipped below $60,000 shortly after.

Key points:

- 6% jump in BTC price early Tuesday

- $85 million in spot volume on Binance

- $750 million in BTC moved to exchanges by short-term holders

- Futures open interest saw a significant rise

What do you think? Is this a sign of market volatility or a buying opportunity? Share your thoughts in the comments! 💬