๐ป $BTC Under Heavy Bearish Fire! Futures Dip Deep ๐๐ฅ
๐ 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! โ ๏ธ๐

BTCUSDT
ุฏุงุฆู
96,616.9
+1.79%
๐ฐ 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! ๐ฅ๐งจ
โ ๏ธ As long as OI stays deep in the bear zone, the risk of a further drop stays high. Eyes on volume & price action! ๐๐
#Bitcoin #BTC #CryptoNews #Futures #BearishPressure #ShortSqueezePotential

