Bitcoin is currently priced above $107,000, just shy of its all-time high. The futures open interest across major exchanges has reached a record $75 billion, indicating a surge in speculative behavior and leveraged positions as BTC consolidates above $100,000. Experts predict a potential upward movement that could lead to new highs within the next 30–45 days. Despite low short-term implied volatility at an 18-month low, positive sentiment persists in the market. Dogs (DOGE), Cardano (ADA), and XRP saw increases of around 3% as well. Analysts note that resistance is holding at the $107,000 level, anticipating a potential breakthrough that could push prices toward $115,000. Stakeholders in the market, primarily retail investors, are showing resilience amid uncertainties as they continue to accumulate. The data also shows a robust call-to-put open interest ratio supporting the bullish outlook, suggesting traders are preparing for a potential breakout.

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