📊 BTCUSD 1D: 4.28billion usd positions opened inside this 65k-82k rally. Open interest is really hot right now. Price should do some…

Korean Alpha EN (@korean_alpha_en), May 7, 2026, 12:46 UTC

📊 BTCUSD 1D: 4.28billion usd positions opened inside this 65k-82k rally. Open interest is really hot right now. Price should do some chopping first to cool down the OI then it can keep pumping, so we decided to stay cautious and closed 50% of our long position yesterday. If we get the expected chop and Open interest cool down a bit after that then we will open another long position for higher targets. For now just holding the remaining long with SL at entry.

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