比特币（BTC）反弹以上$ 105K，但开放兴趣的上升引起了人们的担忧

本周早些时候，比特币在急速下降至98000美元之后，大幅恢复了105000美元。

Bitcoin price shows strength above $105k after dipping to $98k earlier this week.

本周早些时候下跌至$ 98K后，比特币价格显示出高于$ 105K的实力。

The cryptocurrency briefly touched $106k but now hovers around $105,700, marking a 4% rise in the last 24 hours.

加密货币短暂触及了$ 106K，但现在徘徊在105,700美元左右，在过去24小时内增长了4％。

While the price action seems positive, rising Open Interest has البعض investors worried.

尽管价格行动似乎是积极的，但开放兴趣的上升使投资者担心。

Open Interest is the total number of active BTC positions on centralized derivatives exchanges. A significant rise suggests that more positions are opening, potentially adding more leverage to the market and increasing volatility.

开放兴趣是集中式衍生品交换中主动BTC位置的总数。一个重大的上升表明，更多的职位正在开始，有可能为市场增加更多的杠杆作用并增加波动。

CryptoQuant analyst Maartunn highlights the rapid Open Interest increase during Bitcoin’s recent price recovery, which could indicate an issue.

加密分析师Maartunn强调了比特币最近的价格恢复期间的迅速开放兴趣增加，这可能表明一个问题。

The rising Open Interest shows that many investors are using more leverage, which increases the potential for mass liquidations and sudden market movements.

上升的开放兴趣表明，许多投资者正在使用更多的杠杆作用，这增加了大规模清算和突然市场变动的潜力。

Bitcoin’s price surge may be promising, but the overheated derivatives market could lead to violent liquidations if the price pulls back, causing a sharp decline.

比特币的价格涨幅可能是有希望的，但是如果价格退缩，过热的衍生品市场可能会导致暴力清算，从而导致急剧下降。

Such conditions have historically preceded market squeezes, which could quickly reverse the rally.

从历史上看，这种情况一直是市场挤压，这可能会迅速扭转集会。

Investors are watching closely to see if the rally can continue despite these warning signs or if the leveraged positions will ultimately crash the market. The coming days will be critical in determining the future direction of Bitcoin’s price.

投资者正在密切关注，以查看尽管有这些警告信号，还是杠杆位置最终会崩溃市场。未来几天对于确定比特币价格的未来方向至关重要。