Bitcoin ($BTC), the leading crypto asset, is still experiencing a pullback despite visibly easing after a massive leverage flush. Although chain liquidation risk is below peak levels, Bitcoin ($BTC) is facing considerable resistance while seeking an increase in open interest (OI). According to data from prominent crypto analyst Axel Adler Jr., the leading cryptocurrencies are aiming for a short-relief rebound. In this regard, the company is striving to overcome increasing downward price pressure.
The market is still in pullback mode after a large leverage flush, the risk of cascading liquidations is below its peak, and a short-term bailout rebound is possible, but a sustained reversal would require both price and open interest (or clear spot inflows) to grow simultaneously. pic.twitter.com/5Waj4OEtIH
— Axel 💎🙌 Adler Jr. (@AxelAdlerJr) October 18, 2025
Bitcoin eyes reversal from ongoing pullback zone
Based on new market data, Bitcoin ($BTC) remains within the pullback zone, although leverage flashes have subsided significantly. However, the top crypto coins are expecting an increase in open interest (OI). It has been reported that each growth may indicate a reversal signal. Additionally, historical statistics show that the dynamics of open interest (OI) ratio and leverage, along with pressure scores, have shaped price trends.
Flagship cryptocurrencies require a combination of OI and price appreciation for a clear reversal
According to Axel Adler Jr., Bitcoin ($BTC)’s current pressure score is significantly lower at 17.8%. Still, further declines are possible despite the notable decline in leverage flashes. At the same time, the open interest (OI) is 315.3K. With this in mind, a sharp growth in Bitcoin ($BTC) open interest and price levels is required to indicate a clear and sustainable upward shift.
