$BTC LIQUIDITY SWEEP UNLOCKED: Are Shorts Walking Into a Trap?

Bitcoin just made a sneaky move under $87.3K, sweeping the previous local low-and that’s where things get interesting. Open Interest is now extremely elevated, signaling that shorts are aggressively piling in, chasing downside momentum right into the dip. This isn’t panic selling from spot holders yet-it looks more like leverage doing the heavy lifting.

Here’s the key: if spot selling dries up and BTC manages to reclaim and hold above the prior low, the setup flips fast. High OI + trapped shorts = fuel. One sharp bounce could trigger forced covers and ignite a clean upside push from here.

This zone is critical. Breakdown brings continuation-but holding it could punish late shorts hard.

Is this a classic liquidity grab before the move everyone’s waiting for? Eyes on spot flow.

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BTC
BTC
87,810.96
+1.68%