CryptoQuant flags potential bitcoin resistance range between $75,000 and $85,000 as futures turn bullish

According to CryptoQuant, bitcoin's current rally could encounter technical resistance first around $75,000 and then near $85,000, levels tied to on-chain realized price bands tracked for active traders. The firm noted that perpetual futures positioning has turned decisively bullish, with more long positions, positive funding rates and buy volume outweighing sell volume, even as rising bitcoin transfers to exchanges suggest possible selling pressure ahead. Bitcoin is trading close to $74,500, roughly 1% higher over the past 24 hours.