🔻 $OPEN 16.9x volume spike with -7.3% 24h drop screams distribution, not a bottom yet. - my bias is firmly bearish here: 1h, daily, weekly, and BTC structure

🔻 $OPEN 16.9x volume spike with -7.3% 24h drop screams distribution, not a bottom yet. - my bias is firmly bearish here: 1h, daily, weekly, and BTC structure are all aligned to the downside, and the 16.9x volume spike with hard selling into fresh lows shows institutional distribution rather than r…