🔴#Bitcoin Interesting how we've only seen OI increase as price has dumped over the past few of days

🔴 #Bitcoin Interesting how we've only seen OI increase as price has dumped over the past couple of days.

I'd argue this is a mix of longs & shorts and it's up to spot to lead.

I think moves above 27K will be met with short covering.

Below 26.5K is the danger zone for longs.