$BTC Price declines near historical highs accompanied by high open interest, which warrants caution against long leverage liquidations or main force distribution. The current market logic is unclear, with price action diverging from open interest, indicating a high-risk speculative zone.
🎯 Direction: No position
Wait for the price action to give a clear directional signal. Currently, the chart shows that while the price is falling, open interest (OI) remains high, which is not typical of a healthy correction (healthy corrections usually see OI decline). The key is to observe the price respon