BTC Coinbase driven bounce so far in the market with coinbase premiums leading since yesterday some clear twap buying taking place on binance spot as well from 109K - 114K Some longs opening off "de-escalation" headlines as well however still heaviness in the market with decay of longs opened into the crash closing on this bounce return of ask depth as well ~ 115K - 117K supply Perp spreads are still wide af & illiquid conditions Funding rates still negative which is understandable after friday, there's opportunity to farm this if headlines remain positive(Skew Δ)