【$BTC Signal】Close position + observe changes in open interest
$BTC price drops -2.18%, testing a key support zone. The current core issue is the change in open interest: it needs to be determined whether this is a healthy bullish leverage wipeout or the main funds are exiting.
🎯 Direction: Close position
Price action shows selling pressure, but no panic selling. The 76k area is an important recent psychological threshold. If buying interest effectively absorbs it, it is considered a healthy reset; if open interest drops significantly alongside a price break below, it confirms main funds are leaving. The current market logic is unclear, waiting for more definitive PA signals.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$BTC Signal】Close position + observe changes in open interest
$BTC price drops -2.18%, testing a key support zone. The current core issue is the change in open interest: it needs to be determined whether this is a healthy bullish leverage wipeout or the main funds are exiting.
🎯 Direction: Close position
Price action shows selling pressure, but no panic selling. The 76k area is an important recent psychological threshold. If buying interest effectively absorbs it, it is considered a healthy reset; if open interest drops significantly alongside a price break below, it confirms main funds are leaving. The current market logic is unclear, waiting for more definitive PA signals.
Trade 👇 $BTC
Follow me: Get more real-time analysis and insights on the crypto market!
#Gate广场创作者新春激励 #加密市场回调 #2月Web3节点 #美联储人事与宏观政策影响 $BTC $ETH Trading