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A CME futures gap has formed just below current price levels, sitting in the $87.8K to $88K range. This positioning creates a compelling scenario for potential downside movement in the near term.
Gap fills are a classic feature of futures markets—and this one's proximity makes a short-term sweep entirely plausible. The question traders are asking: will Bitcoin close this gap today, or will price action hold above it?
The technical setup has caught attention. If selling pressure builds, that gap could become an attractive target. Worth monitoring closely during the session.