$BTC First time this cycle seeing price up while OI trends down on an intermediate timeframe.

Six weeks of price climbing, six weeks of OI declining → this rally wasn’t driven by new buyers, but largely by shorts closing.$BTC

BTC

67,315.51

+0.90%

i think its time to go long and target around 71k, but before doing this DYOR first.

Shorts took profit, exited, and that exit pressure pushed price up — but that’s not the same as real demand.

In a strong rally, you’d see OI rising as shorts close and new longs step in.

That$BTC