$85k wall is gone. Price took $86k.
That is not the same as stronger bids. 🧱
While price kept failing there, OI fell ~$55.5B → $52.1B.
Leverage came off first.
After the break, OI snapped back to ~$56.2B.
+5.9% in 24h vs a ~2.8% price move.
Gap = new positions, not old ones marked up. 📊
Asks pulled. Leverage put back on.
Does price still follow if OI rises again?
OI up, price flat = leverage, not spot. 👀
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