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Bitcoin Open Interest returns to neutral territory, indicating price in a zone of equilibrium
As OI returns to positive variations, signifying capital inflows into BTC futures market, the price tends gain momentum and volatility. Main expectation is prices recover to previous lows in $80,000 - $90,000 range. Funding Rates are mostly negative and with Open Interest recovering, this indicates an increase in short positions, which may be squeezed if price responds positively.