š Glassnode Market Update
Bitcoinās Leverage Reset Underway
š¹ After BTC broke above its previous high, traders increased long positions, driving a sharp rise in futures open interest.
š¹ The recent -3.01% pullback is now flushing out excess leverage, helping the market reset.
š¹ Key focus ahead:
ā«ļø When and where buyer strength reappears
ā«ļø Whether major support zones can reignite demand
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