Traders Are Leaning Into the $BTC Rally 🟢
The recent push to $112K isn’t just another short squeeze — this time, we’re seeing genuine long interest.
Unlike the late-June rally, where open interest (OI) dropped as shorts were wiped out, this move came with a rise in OI, signaling real conviction from bulls.
Yes, shorts got squeezed — but more importantly, new buyers are stepping in.
This isn't just liquidation-driven momentum — it's a sign the market tone is shifting.