Critical Support Holding Bitcoin stands tall above 109K, and open interest has increased to a record high of 100B, which further supports the bullish market structure.
Futures Market Blow-Up, Since February, open interest has escalated significantly, and this indicates greater leveraged trading on futures and active interest in the market.
Volatility Risk – Elevated open interest can amplify price swings during corrections, making the $109K level pivotal for trend continuation.
With open interest reaching all-time lows of $100B, Bitcoin has remained bullish on its structure, although it has now consolidated. The asset has been able to demonstrate its robustness and remains on the verge of significant support levels, maintaining an overall bullish trend.
Within the past few weeks or so, the price has been bumping against the $114K/115K resistance range and has been temporarily rejected. Nevertheless, the general dynamics is referring to the positive mood, and the level of 109K becomes an important support area.
Bullish Structure Maintains Above Support
Bitcoin holds strong above $109K as open interest hits a record $100B, with the price finding stability after a strong rally. This level aligns with a previous breakout point, now serving as a major area for potential rebounds. Holding this support could allow momentum to rebuild for another test of higher resistance levels.
$BTC / $USD – Update
We could pullback to $109,000 and still be ok legends pic.twitter.com/nByW3ewuT6
— Crypto Tony (@CryptoTony__) August 3, 2025
Technical charts indicate that a drop to $109K would not be an out-of-context situation as far as the overall bull market mode is concerned. It can also neutralize the overbought conditions and give fresh buyers. A test of this zone, which can result in a closer test, would be followed by a more secure retracement to prior consolidation levels.
Futures Market Activity Surges
Bitcoin holds strong above $109K as open interest hits a record $100B, highlighting a sharp rise in futures market participation. Since December, open interest has steadily grown alongside price, signaling sustained engagement from leveraged traders. This growth has sped up since February, coinciding with high price gains.
The high open interest in the consolidation periods means that traders are in one form of position or the other, waiting to see the next move. This may be a good indicator of strength, but it also adds more danger to high volatility at times of price swing outbursts. The quick correction may generate liquidations, which may expand the market swings.
As of now, Bitcoin is very strong, over 109K, with open interest at a record $100B and price strength and market activity confirming its powerful uptrend. However, the market players are not oblivious to the fact that this is the key to sustaining the bullish sentiments.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
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