******BTC Derivatives Momentum and Shorts** [developing]

$69-70K rally liq trap/9x spot vol/$41B spike/OI $49B delever/$22.6B rebuild/neg funding $325M short liqs/Binance dom/bear flag/50-day consol/momentum falters macro headwinds; ex inflows pos hedge weak spot/demand gap; supp 65.8K resist 71-72K (RSI rising)/Coinbase prem vs FUD/on-chain bears/ceasefire flip.