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BullRiderPK
BullRiderPK
If we see a major OI flush soon, I think there’s a strong possibility it could be the final leverage reset before a meaningful bottom forms. 👀 That’s why I’m starting to pay much closer attention. The next few weeks could be extremely important for Bitcoin and the broader market. Looking back at the 2022 bear market, open interest also expanded aggressively before the market eventually experienced one final sharp flush to the downside. That capitulation helped clear excess leverage and set the stage for the eventual bottom. As for my 2x $BTC long, nothing has changed—I’m still holding the position. 💪 That said, being a trader means staying flexible and preparing for multiple scenarios. I’m bullish on my position, but I’m not going to ignore the possibility of another leverage-driven flush. If OI gets wiped out while spot demand holds up, that could be a signal worth watching very closely. 👀 $BTC #WeakConsumptionFedSplit #OpenAIAnthropicRace

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