Traders Leaning In on BTC Rally 🟢
The recent rally to $112K wasn't just another short squeeze — this time, traders are entering fresh long positions.
Unlike the late-June move, where open interest (OI) dropped as shorts got wiped out, this surge saw OI climb, signaling real conviction and bullish positioning.
Shorts were punished, yes — but this rally shows new buyers are stepping in, not just liquidations doing the work. The market's tone is shifting.
