Short-term momentum suggests $BTC faces resistance moving upward in the near term. Monitoring open interest on higher timeframes proves essential for gauging downside risk—elevated OI can signal potential volatility and increased liquidation pressure if price breaks key support levels.
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Short-term momentum suggests $BTC faces resistance moving upward in the near term. Monitoring open interest on higher timeframes proves essential for gauging downside risk—elevated OI can signal potential volatility and increased liquidation pressure if price breaks key support levels.