Bitcoin News

Story: Bitcoin Open Interest Plunges, but Analysts Say a Market Bottom Could Signal a Renewed…

By Maheen Hernandez

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Open Interest Sees Its Sharpest 30-Day Drop of the Cycle. Analyst Darkfost noted on CryptoQuant that Bitcoin’s open interest recorded its steepest 30-day…

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Why a Sharp Drop in Open Interest Can Signal a Market Bottom. Periods of heavy deleveraging have historically marked important bottom zones for Bitcoin.

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Bitcoin Drops Over 30% From Its High, But Analysts See Recovery Potential. Bitcoin’s sharp price correction has pushed it down more than 30% from its recent peak above…

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A Decisive Week Ahead: Can Bitcoin Reclaim $90,000?. Crypto analyst and MN Fund founder Michaël van de Poppe believes the coming week will play a…

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What Could Trigger a Renewed Uptrend?. For now, analysts point to several factors that could help Bitcoin regain strength:

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Conclusion: Cleanup Phase Could Set the Stage for the Next Leg Up. Bitcoin’s sharp drop in open interest reflects a significant unwinding of leveraged positions, but…

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Bitcoin’s open interest has dropped sharply over the past month as price volatility continues to shake leveraged traders out of the market.

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The pullback arrives after Bitcoin slid more than 20% in a month, falling from above $126,000 in early October to levels near $87,000 today.

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Despite the recent turbulence, market observers believe Bitcoin may be entering the final stage of its cooldown period — a phase that often precedes a trend reversal.

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Analyst Darkfost noted on CryptoQuant that Bitcoin’s open interest recorded its steepest 30-day decline of the current cycle, falling by roughly 1.3 million BTC.

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This dramatic drop reflects how aggressively speculative traders have exited the market as Bitcoin continued to trend downward.

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According to the analyst, investors appear to be scaling back futures exposure to limit risk.

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Periods of heavy deleveraging have historically marked important bottom zones for Bitcoin. Darkfost emphasized that such phases serve as a “cleansing mechanism” for the broader…

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He explained that these events help reset sentiment, reduce speculative behavior, and create a healthier foundation for future price growth.

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The analyst also noted that the last time open interest declined this quickly over a 30-day window was during the 2022 bear market — a period remembered for significant…

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