BTC Open Interest Hits Multi-Year Low: Are We Set for the Next Explosion? 🤯
The total number of open futures contracts ($BTC OI) has crashed to levels unseen since 2022, signaling a massive deleveraging event across the market. This means the speculative heat is off, and short-term capital is retreating into defense mode. High OI means high leverage and explosive squeeze potential; low OI means the market is cooling down and cleaning out risk. This isn't necessarily bearish. Historically, major cycles often ignite right after the leverage purge is complete and boredom sets in. With fewer opposing positions left to fight against, even a trickle of new capital could send prices soaring rapidly. Stay calm, manage risk aggressively, and avoid FOMO during this quiet phase. 🧐
#CryptoAnalysis #BTC #Deleveraging #MarketCycle
