Worth noting that BTC OI has remained pretty steady state despite our move to within 4% of ATH. HOWEVER, alt coin OI continues to ramp up by approx $5b in the last week. Absent negative macro events, this would suggest a local top in approx 2-3 weeks. Local top conditions are generally met when: Altcoin OI > BTC OI. Be mindful of this indicators as you increase risk exposure. Ill keep updating this post to monitor altOI. *If motivated, you can build you own indicator by taking BTC OI from @coinalyzetool (includes CME data) & altcoin OI from @coinalyzetool AND @velo_xyz (includes @HyperliquidX data which is a growing source of alt OI)