Traders Leaning In on BTC Rally 🟢

The recent rally to $112K wasn’t just another short squeeze — this time, traders are entering fresh long positions with real intent. Unlike the late-June move, where open interest (OI) dropped as shorts were wiped out, this surge saw OI climb, signaling strong conviction and bullish positioning from market participants.

Yes, shorts were punished — but what stands out is that new buyers are stepping in with confidence, not just forced liquidations driving price.

This reflects a clear shift in sentiment, suggesting a structural bullish change.

All eyes are now on BTC’s next move as momentum builds.#BTCBreaksATH