This is a crucial moment for BTC. OI has started rising again while spot demand has gone parabolic. This means both real spot buyers and leverage traders are now aggressively bidding in the move, which is exactly what you want to see for a Bullish move higher. Coinbase Premium has also improved significantly, which tells me spot demand is finally returning. The only thing I’m watching now is OI. If momentum fails to be maintained and leverage starts rising quickly while price stalls, we could get a sharp flush lower. So to make this really simple: Strong spot demand + controlled OI = healthy Bullish continuation. Strong spot demand + exploding OI + stalled price = high-leverage risk.(CryptoReviewing)