$BTC Open Interest has slowly been creeping back up to its local highs denominated in coins.



This is roughly the same area it keeps getting to before some wind down in positions. Whether it's from longs getting squeezed or shorts closing out during this down trend.

All in all, there have been minimal liquidation events over the past ~3 months ever since putting in that local bottom at $60K. Price has behaved relatively calmly and without a ton of volatility.
BTC-0.03%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
Add a comment
Add a comment
PaperSculptureOctopus
· 1h ago
Waiting to see whether the bulls get squeezed or the bears actively run away, this position is very critical
View OriginalReply0
WatercolorInAGlassBottle
· 1h ago
No major liquidation in three months, the market is almost forgetting the pain.
View OriginalReply0
On-ChainNightSecurityGuard
· 1h ago
Crypto-backed positions hit a new high, but the price hasn't moved; both bulls and bears are holding back big moves.
View OriginalReply0
ProofOfNap
· 2h ago
Positions accumulated during this calm period, once the balance is broken, liquidation will be spectacular
View OriginalReply0
On-ChainCatUnderTheMoonlight
· 2h ago
Every time OI reaches this point, it callbacks. Will it be different this time?
View OriginalReply0
  • Pinned