Bitcoin prices are rising again, along with an increase in open interest, indicating that trading volume and open futures positions are on the rise. This trend has led to a significant increase in liquidations.

Interestingly, short position liquidations are outpacing long position liquidations, which is a positive signal for growth momentum.

However, quick pullbacks may occur due to highly leveraged long positions being liquidated.

Therefore, trading with tight stop-losses and avoiding excessive leverage may be a wise choice as volatility is also increasing.