What Comes After the Bitcoin Bloodbath? Open Interest Drops $12B as Leverage Ratio Hits Multi-Year Lows – Next Stop $130K?

The Bitcoin bloodbath has erased $12B in open interest as OI has dropped from $47B to $35B and liquidations have accelerated, yet BTC has rebounded near $115K. ELR and SSR have fallen, ETFs have seen minimal net outflows, and analysts have flagged $120K–$122K as resistance and $110K as key support.

The post What Comes After the Bitcoin Bloodbath? Open Interest Drops $12B as Leverage Ratio Hits Multi-Year Lows – Next Stop $130K? appeared first on Cryptonews.