⚡️ Bitcoin Leverage Wiped: Is the "Big Move" Loading? 🚀
$BTC futures open interest has just plummeted to its lowest level since 2022. This isn’t just a random dip—it’s a massive structural shift. 📉
What’s happening under the surface?
The "flush" is here. Leverage is being squeezed out of the system. Speculators are retreating, liquidations have cleared the board, and the market suddenly feels... lighter. 🎈
Why this matters for the next move:
Less Noise: With fewer overleveraged bets, price action becomes more organic and less prone to "scam wicks."
The Reset: Historically, these "leverage wipes" serve as a reset button. They either precede explosive volatility or build the floor for a sustainable, long-term bull trend.
Price Resilience: Despite the leverage evaporating, Bitcoin’s price is holding firm. This suggests strong spot buying is replacing "paper" gambling. 💎🙌
The Bottom Line:
Less leverage doesn't mean less opportunity; it usually means the "weak hands" are gone. We are either in the calm before a violent storm or witnessing the birth of a much healthier market structure.
What do you think? Is this the foundation for $100K+ or are we heading for more consolidation? 👇
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