🚨 $BTC — Is Bitcoin Setting a Trap? Open Interest Spikes While Price Bleeds
On the surface, Bitcoin still looks weak — lower highs, fading momentum, and no clean reclaim yet. But under the hood, something interesting is forming.
Over the last few hours, BTC has been grinding lower while Open Interest is rising, not falling. That divergence matters. It shows traders are aggressively opening new positions — mostly shorts — betting on a breakdown from here.
And that’s exactly how squeeze setups are born.
When price drops but OI expands, leverage becomes crowded on one side. If the downside fails to follow through, those shorts quickly turn into fuel for a sharp upside move.
📉 Structure: still fragile ⚖️ Momentum: not convincing yet 📊 Positioning: becoming one-sided
In low-liquidity conditions, especially on weekends, it doesn’t take much to flip the market. One strong bounce could force bears to cover fast.
So Is this another leg down — or a trap that punishes the crowd ?