📊 BTC$BTC Open Interest: What the Market is Showing

The chart illustrates the dynamics of Open Interest (OI) across all exchanges compared to BTC$BTC price.

🔹 Current Open Interest: $40.6B

🔹 Current BTC price: $108.7K

❗Key insight: When OI is high and price makes sudden moves, it often leads to mass liquidations, triggering strong market swings.

📈 Right now, the market is in a phase of elevated activity, with potential for both new highs and corrective pullbacks.

#BTC Price Analysis