There is no obvious normal distribution here, holding a cash position is the best choice

The overall trend on OI is very strong bullish with no signs of a reversal at the moment. At this position, either do not trade and wait for an opportunity, or go long on dips to capture swings. Opening a short position here will likely lead to getting trapped. It is impossible to predict where the top for an increase is without seeing significant orders being absorbed on OI before a potential reversal.
Trading Advice: Wait for a signal to turn and closely monitor OI and liquidation conditions.
Alternatively, go long on dips to capture swings.