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Bitcoin Open Interest Drops 22% In 10 Days – A Reset Before The Next Big Move?

  • Bitcoin's Open Interest (OI) has dropped by 22% in the past 10 days, indicating a shift in market sentiment and the closure of positions.
  • Bitcoin is currently trading below $90,000, and its movement between key support and resistance levels is causing uncertainty in the market.
  • The next major trend for Bitcoin will depend on whether it can regain momentum above $90,000 or face further selling pressure.
  • Traders are closely monitoring whether BTC can hold or break critical levels in the coming days to determine the potential for a bullish breakout.

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