“Market just witnessed the largest drop in Open Interest of the current cycle… This move does not signal the start of a bear market; rather, it reflects a major leverage washout (Long Squeeze).” – By @abramchart
“Market just witnessed the largest drop in Open Interest of the current cycle… This move does not signal the start of a bear market; rather, it reflects a major leverage washout (Long Squeeze).” – By @abramchart