The post Bitcoin Open Interest Surges 20% In 20 Days – Leverage Sets The Stage For Volatility appeared on BitcoinEthereumNews.com.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is still holding above the $94,000 level, showing clear signs of strength after months of selling pressure and extended consolidation. Bulls have regained short-term control, pushing prices higher as optimism grows across the market. However, the environment remains far from risk-free, with volatility still elevated and macroeconomic conditions shifting rapidly amid ongoing global trade tensions. According to recent data from Glassnode, Bitcoin open interest has jumped 20% over the past 20 days. This surge suggests that traders are increasingly positioning for continued upside, but it also indicates that leverage is building across the market, which could amplify future price swings. As Bitcoin tests the upper end of its recent trading range, the coming days will be crucial. A successful push toward the $100K mark could set the stage for a fresh rally into uncharted territory, while failure to hold support would expose BTC to another round of consolidation or correction. Bitcoin Tests Critical Levels As Volatility Rises Bitcoin has been on a wild ride since November 2024, when Donald Trump won the US Presidential election and global markets reacted with heightened volatility. Macroeconomic tensions, trade conflicts, and unstable financial conditions have created an unpredictable environment, and Bitcoin has been no exception. However, despite the turbulence, bulls have recently regained short-term control. After pushing decisively above the $89,000 resistance, a key level that had capped Bitcoin’s upside for weeks, BTC is now testing crucial zones just below the $100,000 mark. This level represents a psychological barrier for the market and a potential gateway to new all-time highs if bulls manage to break through with strength. Top analyst Ali Martinez shared insights on X, revealing that Bitcoin open interest has jumped 20% over the past 20 days, now…

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Filed under: News - @ April 27, 2025 5:17 pm