$btc has been climbing steadily through the night and into this morning, now trading around $75k. open interest continued to ease throughout the move, which keeps the structure clean. falling oi alongside rising price points to shorts closing rather than fresh longs piling in. funding remains slightly negative, meaning a short bias is still present but fading. the combination is constructive. leverage is washing out, spot demand is picking back up and remaining shorts provide fuel for continuation if price can hold the recovery. $76k is the first level to reclaim. above that, $78k remains the key resistance. a clean break there would shift the broader picture. to the downside, $73.5k is the level that needs to hold if sellers return. #Bitcoin