The Open Interest (OI) data from Binance over the past 6 months shows a significant impact on the market.

- On June 11, 2024, OI reached $7.68 billion when the price of Bitcoin was $71,000. After that, Bitcoin dropped 23.94% to $54,000, and OI decreased by 21.88% to $6 billion. The new accumulation phase helped Bitcoin surpass the $100,000 mark.

- Currently, OI peaked at $12.5 billion, with the price of Bitcoin at $108,000. Based on previous data, OI could decrease by 21.88% to around $9.77 billion, and Bitcoin could correct by 23.94% to about $82,220.

Conclusion: When Binance's OI is too high, the market often corrects before recovering. The levels of $82,220 for Bitcoin and $9.77 billion for OI are important thresholds to monitor.