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Bitcoin trades near $77,700 as analysts eye $75,000 support after liquidation wave

Crypto CoinDesk By Sam Reynolds 22 May 2026 05:38 1 min read
Bitcoin trades near $77,700 as analysts eye $75,000 support after liquidation wave

Open interest held steady and funding stayed subdued during the recent liquidation wave, suggesting traders were de-risking rather than capitulating, according to HashKey Research's Tim Sun.

Open interest held steady and funding stayed subdued during the recent liquidation wave, suggesting traders were de-risking rather than capitulating, according to HashKey Research's Tim Sun.

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