High
Bitcoin's price jumped following increased futures activity, a rise in open interest, and a short squeeze, signaling strong buy-side momentum and a potential breakout.
High
The analysis is based on concrete market data, including open interest, funding rates, coinbase premium index, and technical indicators from known analysts.
Bullish
Technical indicators, breaking resistance levels, and consistent spot buying pressure suggest a strong possibility of new all-time highs, with some analysts targeting $137,000.