2026-01-06 11:29:30

BTC's open interest has hit a new high again. According to trading data, the current scale has reached $8.73 billion, the highest level in the past two months.

From the liquidity distribution perspective, there are quite a few buy orders clustered around 88067. Interestingly, this price level completely overlaps with the dense area of chips on the candlestick chart. This indicates that the market has accumulated significant attention here.

However, it is important to note that a divergence has appeared on the 8-hour chart. This signal is not very friendly. Considering the current contract scale and liquidity distribution, there is actually quite a bit of downward pressure in the market.

Looking ahead, it won't be easy to push towards around 90101 (which is just above the upper boundary of the consolidation range over the past month). If the price is to move in that direction tonight or tomorrow, the momentum needs to strengthen significantly. In the short term, the possibility of finding support lower is higher.

BTC-0,06%

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OvertimeSquid

· 01-06 15:03

New contract high and divergence again, I know this trick too well. Are they going to dump again?

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OnchainGossiper

· 01-06 11:59

8.7 billion contract new high, and it's the same old trick, the bears are sharpening their knives. As soon as the divergence signal appears, I know we're going to get hit tonight. If we can't hold the 88067 level, it's game over. With such a high contract pile, the big players are already laughing to the bank. In the short term, it's about finding the bottom, don't think about buying the dip. Feels like we're about to plunge again, everyone buckle up. Breaking 88067 is the real story, everything else is just fake. This consolidation is suffocating, when will there be a wave? The bears are well prepared this time, the contract scale clearly shows it.

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RugpullSurvivor

· 01-06 11:56

The contract hits a new high again, but there's divergence on the 8-hour chart. I know this feeling well. There's enough downward momentum, and pushing past 90101 is actually more difficult. It feels like another round of a "liquidation" game by the funds. That bunch of buy orders at 88067? Haha, retail investors are just taking the bait.

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LiquiditySurfer

· 01-06 11:47

Another short position piled up. The 88067 zone is indeed a surfing point, with liquidity depth at its peak. The divergence is showing here, so in the short term, we still need to look for support levels lower.

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MeltdownSurvivalist

· 01-06 11:39

The contract hits a new high again. Is this really different this time? I'm a bit anxious.

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