BTC futures open interest jumped 23% to $48B, while funding rates stay steady at 0.005%–0.008% — a sign leverage is building without overheating.
$9.2B in Open Interest is stacked between $115,800–$117,400, a tight zone that could snap either way. GBTC saw $180M inflows, IBIT had a $25M outflow — mixed ETF flows hint at cautious positioning.
Whales remain active, and liquidation clusters above $118K and below $115K could spark sudden volatility. If BTC breaks $117,442 but 1-hour volume is under $800M, watch for a fake breakout trap. The spring is loaded — one strong push might be enough to set it off.
📉 Short-term support: $115,861
📈 Short-term resistance: $117,442
Time to pick your side — trade now on Cattea!
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DYOR and invest wisely — this is not financial advice!