Bitcoin Holds $81,600 as Futures Open Interest Tops $140 Billion
- —BTC futures open interest tops $140 billion, up from $110 billion in August
- —Open interest in coins is near 100,000 BTC, above June-July lows
- —RSI near 45 shows the market has cooled from August overbought levels
- —Resistance sits at $84,000-$86,000, then the $87,500 yearly high and $90,000
Why it matters: Rising leverage in a tight range raises liquidation risk: a break above $87,500 confirms upside, while losing $80,000 could drag BTC to $77,500.
Source: U.Today