BTC and ETH remain flat on the surface — but leverage is quietly leaving.
Derivatives open interest dropped 18.7% in 3 days, showing systematic risk-off.
BTC is now squeezed between $113,837 and $112,722 — less than 1% apart.
This “compressed spring” setup mirrors the structure seen before the May breakout.
Options data shows $7.2B in puts concentrated near $113,837, while a breakout above $116K would require at least $1.5B in volume.
Miners are offloading, whales are split, and volatility is loading!
Time to pick your side — trade now in Cattea!
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DYOR and invest wisely — this is not financial advice!