Bitcoin at $86K: OI hits $55.9B, a break above $87K opens $90K, a drop below $85K risks $82K
- —BTC open interest reached $55.9B, up 5.4% in 24 hours
- —Funding rate back at about +0.008%; top traders' long/short ratio at 1.99
- —Short liquidations cluster between $87,000 and $88,500
- —Long liquidations sit near $85,500, $83,000 and $82,000–83,000
Why it matters: Leverage is rebuilding: a break above $87,000 could trigger a short squeeze toward $90,000, while losing $85,000 opens the door to $82,000.
Source: Blockmedia