open interest flushes: often price moving up is through a squeeze...
Luckshury@Luckshuryy
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Apr 23, 2025
~1 min read
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open interest flushes:
often price moving up is through a squeeze in shorts (shorts closing).
a rise towards the all-time high with increased open interest isn't necessarily bearish, but note that price should have only shallow pullbacks before continuing.
any pull back even to a .382 or 70k for example could start a flush of a lot of new positions who have opened up through this ongoing trend.
example ↓
often price moving up is through a squeeze in shorts (shorts closing).
a rise towards the all-time high with increased open interest isn't necessarily bearish, but note that price should have only shallow pullbacks before continuing.
any pull back even to a .382 or 70k for example could start a flush of a lot of new positions who have opened up through this ongoing trend.
example ↓