Market Trends
Open Interest: Bitcoin futures open interest has hit a record high of $BTC 72 billion, signaling rising use of leverage among institutional investors. This could propel Bitcoin to a new all-time high.
Liquidation Risk: $BTC 1.2 billion in bearish BTC futures liquidations are clustered between $107,000 and $BTC 108,000, making it likely that a breakout above this range could trigger a surge in price.
