Bitcoin prices have struggled to hold above $95,000 since December 28, and demand for leveraged positions has decreased in the process. While bulls faced $470 million in liquidations, bears have reduced their appetite below $92,000. Open interest in Bitcoin futures markets has fallen to its lowest level in two months. While bears have the upper hand in the short term, their reduced appetite limits the potential for Bitcoin's downside. What do you think about the market dynamics? Share in the comments.