$BTC Long and short are battling to the extreme at this level

Price is falling while open interest is rising, forming a divergence
But the problem is that the funding rate is still positive here, indicating that shorts are adding positions betting on a major breakdown, while longs are hedging and adding to their positions
One side with high leverage will be liquidated eventually
But there isn't much room to the downside here, so I'm firmly supporting the longs this time
I reversed early in the morning to go long and I'm still holding the position!
For July, I clearly expect it to open low and then rise, with a range-bound rebound～