BTC OI 4h dropped by 2.09%

BTC 4h OI fell 2.09% as bulls reduced positions, reflecting cautious sentiment. With Fear & Greed at 30 and Strategy's sales, the market is waiting for direction with low leverage risk.

The 4-hour open interest (OI) for BTC dropped by 2.09%, indicating that bulls are actively reducing their positions, with market sentiment leaning cautious. Recent news: Strategy has sold 6,948 BTC since the end of June, incurring a loss of $93.12 million. Current expense ratio and long/short ratio data are not available, making it impossible to assess the extent of leverage usage. Overall, the decline in OI combined with a Fear & Greed Index of 30 (fear) suggests that the market is choosing to wait for clearer directions, and no significant accumulation of leverage risk has been observed for now.