Bitcoin futures open interest rose 8.04% in 24 hours to $27.12 billion, while BTC fell back below $82,000. The increase reflects traders opening new leveraged positions, which can support the recovery but also trigger forced liquidations if sentiment deteriorates. Altcoins now account for 57.4% of total open interest, compared with 42.6% for Bitcoin and more than 90% historically. Funding rates remain close to 0.004%, with no sign of widespread long-position crowding, making spot demand essential if BTC is to continue rising.
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