Bitcoin Price Reaches Stalemate at $77,000 Amid Weakening Taker Flow

Bitcoin's recent price push towards $80,000 has stalled, with the cryptocurrency now trading near $77,000. The latest Binance data shows a clear shift in market pressure, as aggressive taker activity has deteriorated much faster than Open Interest.

Cumulative Net Taker Volume (CVD) has fallen from approximately $5.77 billion on August 21 to $2.67 billion, a decline of about 54%. In contrast, Open Interest has moved from around $4.9 billion to $4.7 billion, a much smaller decline of around 4%.

This divergence puts the recovery under scrutiny and makes the $80K level the next critical test for bulls. A sustained move above $80K, $84K would put bulls back in control, while a break below $75K would shift attention toward deeper support.