BTC Open Interest Flush
BTC open interest falls by more than 8 % within 24 hours: many positions were closed, often by force.
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When open interest drops sharply, many positions were closed, after violent moves mostly by force. Afterwards there is less leverage in the market, and the price often calms down. The node compares open interest with the value 24 hourly candles ago and reports below −8 %.
Message
Section titled “Message”This is the message; Bellchain fills in the placeholders in your language when the alert fires, see Message template.
- Telegram:
{{coin}}: open interest flush, positions are being closed · {{values}}
The last alert in the test, on Oct 3, 2026, 2:00 PM UTC:
BTC: open interest flush, positions are being closed · OI change 24: -8.4%
Adapting it
Section titled “Adapting it”- With AND and a price drop (“Change %” below −5) the chain only reports sell-offs in which longs are closed by force.
- Open interest swings more for small coins; −15 % fits better there.
In the test
Section titled “In the test”Replay with the sample prices up to October 17, 2026: 5 alerts in 90 days. With live prices the number differs. With Free the replay covers 15 days, with Pro and during the trial 90 days.
Needs Pro to be activated, because of Open interest. You can test it in the replay on any plan. More under Plans.
What is on the board, with the sentence each node shows there:
| Node | On the board |
|---|---|
| Candle | BTC/USDT · 1h |
| Open interest | over 24 candles · below -8 % |
| Telegram | linked chat · at most every 12 h |
Version 2026.10.25.16 · Changelog