Currently presenting a typical "price consolidation ➕ declining open interest" pattern.

This means we are in a deleveraging system:

1. Funds are flowing out, positions are closing rather than increasing.

2. There is no fresh leveraged capital entering the market.

The current environment does not support explosive breakthroughs.

True directional choice must wait until open interest stabilizes and begins to rebuild. Before that, the market is likely to continue in a dull fluctuation. #加密市场观察 #BTC走势分析 $BTC

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