Bitcoin market sentiment remains bullish with a target price of $145,000, though traders are divided on the timing. Some anticipate a minor pullback to $107,000 before further gains. Key levels include $107,000 as a critical support and $112,000 as a breached resistance. Open interest in Bitcoin futures has reached a record high, increasing by 20,000 BTC in two days, suggesting a potential need for liquidation before major price movements. Bearish spreads are favored over naked shorts, performing well during price rises. ETF inflows have hit $1.179 billion, the second-highest on record, with institutions buying at $110,000-$112,000. Open interest is considered a reliable directional signal, despite unreliable funding rates.