Bitcoin Eyes $81K as Open Interest and Positioning Rise

Bitcoin rose to $79,472 on Wednesday, marking its highest closing price of the month, and moved toward the $81,000 level.

A 30-day Bitcoin positioning index rose to 4.5 from -10.9 in February. The index combines net taker flow direction, open interest trends, funding rates and exchange balances into a single measure, according to Bitcoin researcher Axel Adler Jr. The 30-day average climbed steadily from about 0.4 since late March.

Data shows the 30-day change in open interest is +14.5%, with 23 of the last 30 sessions closing positive. Aggregated open interest increased about 6.7% to roughly 260,000 BTC over the past 24 hours. Reported leverage use fell about 10.7% over the weekend.

On technical charts, Bitcoin moved above a descending trendline that begins at the October 2025 peak near $126,000 and reclaimed the 100-day exponential moving average. Near $81,000, a small fair-value gap exists that marks a liquidity imbalance.

Above $81,000, the $88,000–$91,000 area corresponds to a prior distribution phase when large volumes of Bitcoin last changed hands. The realized price for holders aged three to six months sits near $91,600.

Analyst Crazzyblockk identified a floor between $72,000 and $75,000 supported by clusters of realized prices from mid-term holders. Shorter-term holders may look to take profits around $83,000–$85,000.

Traders and analysts are watching price action around $81,000 and the $88,000–$91,000 supply band to determine whether the recent increases in positioning, open interest and shifts in leverage persist.