$BTC open interest just broke a year-long trendline — that's a big shift in positioning. But price is still under that 68K–70K fair value gap.

If $BTC fills that gap, this new leverage could fuel the next leg up. Clean macro setup if we reclaim that zone.

But if we reject here? Late longs could get trapped fast. Watch for confirmation before adding. Patience pays — let the structure prove itself.

This is where discipline beats chasing. Wait for the right entry, not just any entry.