Bitcoin futures pivot to long positions — Is $112K the next stop?

Bitcoin futures are heating up, with open interest jumping +7% in 30 days. That's the first real uptick since May's slump. Bulls are back, stacking longs like it's Black Friday.

Axel Adler Jr. (yes, that's his real name) says we need OI growth to smash +10% for a confirmed breakout. Volume's gotta pump too—no fakeouts allowed.

The Bitcoin Futures Market Power v2.0 indicator just flipped green for the first time since May. Score: 22,000. Not the 80K euphoria levels yet, but enough to make shorts sweat.

Net futures positioning? Bullish. $27.4M in net longs and counting. Even at $108K, traders are betting big on the next leg up.

After a spicy weekly close, BTC pulled back to $108K. Double top on lower TFs? Maybe. But the 200-day EMA on the 1H chart is holding—for now.

Equal lows near $107.3K are calling. That's where liquidity pools chill. A quick stop hunt there could set the stage for a rebound. No panic—just algo games.

If $107K breaks, $105K is next. But if bulls defend $108K and crack $109.5K? Game on. $112K is the next target. Buckle up.