BTC Open Interest Up 5.41% in 24 Hours

Rising open interest alongside price action is the classic setup for a squeeze in either direction: more leveraged positions means more fuel for a sharp move, but also more forced liquidations if the market picks a side. What matters is whether this build-up is one-sided — crowded longs or shorts — since that determines which way the pain trade runs. Whether the increase persists or unwinds quietly is the open question, and it is the signal worth tracking rather than the headline figure itself.