The post Optimism News 2030: OP Holds $0.32 as Open Interest Stabilizes appeared on BitcoinEthereumNews.com.

Optimism price is trading steadily near $0.32 after a period of sharp intraday volatility that produced a liquidity sweep and a sudden flush in derivatives activity. The reset in leveraged positioning has allowed price action to stabilize, with the asset now returning to a more controlled trading environment across short-term timeframes. Open Interest Steadies at 50.42M After Derivatives Flush On the 1-hour chart, the coin moved lower from $0.323 to $0.314, extending a multi-session decline that brought the token back into the lower portion of its weekly range. Candles show a sequence of lower highs with compressed volatility before a deeper breakdown formed on December 2, creating a V-shaped recovery pattern. Source: Open Interest Open interest tracked closely with the move. OI began the period near 50.63M, declined to 50.52M, and stabilized at 50.42M following the intraday flush. The reduction signals a reset of excessive leverage, aligning the derivatives structure with a more neutral stance. The stabilization of OI suggests controlled participation rather than aggressive long or short buildup. Following the retest of intraday lows, the crypto returned to the $0.316–$0.317 range, where it is now consolidating amid declining volatility. The structure indicates equilibrium conditions as markets reassess positioning following the OI washout. Lists OP at $0.32 with Market Cap at $611.21M and Volume at $57.71M According to BraveNewCoin, the coin trades at $0.32, marking a 1.36% decline in the past 24 hours. Market capitalization stands at $611.21M, while 24-hour trading volume is reported at $57.71M, reflecting moderate activity consistent with the recent reset in market structure. The day’s price range shows a low of $0.32 and a high of $0.33, with the token maintaining a narrow consolidation band after the breakdown. The token remains 93.35% below its all-time high of $4.84, highlighting the depth of its broader corrective cycle…

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Filed under: News - @ December 5, 2025 10:19 pm