Bitcoin Longs at All-Time High: Beginning of the End? #Bitcoin #Trading #OpenInterest

Added: 2026-05-04

[00:00:00]volume. That's another thing, potentially slightly supporting the idea of additional upside. Longs on BitMEX today are at a record high. They are at 97.

[00:00:12]Oh my god. In the full bull market, let me put a line in here. That's 9742.

[00:00:19]And we only reached that level of longs when we were crossing from 56 into 105.

[00:00:28]Sorry, from 48 into 109. That is a range of 60 61,000 dollars at 123% and around here longs were at 97. And today we are at 97. So, this is bullish for price to potentially make another wave up, potentially. But at the same time, it's a recipe for disaster because it's kind of a signal that screams I'm in the beginning of the end. I'm too overextended with longs. Um I may hit a wall with a lorry at 300 kilometers per hour loaded with three tons of So, if that happens, we're going to