๐Ÿป $BTC Under Heavy Bearish Fire! Futures Dip Deep ๐Ÿ“‰๐Ÿ”ฅ

๐Ÿ“Š According to BlockBeats, analyst Axel from CryptoQuant reveals that net open interest (OI) in futures has dropped into extremely negative territory, surpassing -$100M โ€” the highest bearish pressure seen since early July! โš ๏ธ๐Ÿ“‰

BTC
BTCUSDT
96,616.9
+1.79%

๐Ÿ’ฐ Despite this, $BTC is still holding around $115,000, showing buyers are absorbing some of the heat. But beware โ€” this massive divergence could trigger a short squeeze if the price rebounds! ๐Ÿ’ฅ๐Ÿงจ

โš ๏ธ As long as OI stays deep in the bear zone, the risk of a further drop stays high. Eyes on volume & price action! ๐Ÿ‘€๐Ÿ“ˆ

#Bitcoin #BTC #CryptoNews #Futures #BearishPressure #ShortSqueezePotential