🧬 $BTC Open interest is at the highs, this is logical because the price is at the high, liquidations on both sides are the same, although given the high open interest, the volume of liquidations is small. In terms of retail, the market is in balance, so sentiment is not informative.

Much more interesting are the fat cats, 68,000-70,000 buyer blocks (many large orders), the correction is just right for large players, perhaps they are even waiting for bad macro and have substituted buckets. The correction itself will not look scary, the market has passed the bullish ATR and a rollback to the 69k-70k area will not be problematic, but going lower will disrupt the growing amplitude, this will not be critical, but we all love structural formations.