Crypto derivatives market heating up again 📈
The CoinGlass Derivatives Index (CGDI) just jumped to $2,620, a 6 month high.
This index tracks activity across futures & options markets.
When it spikes, it means more traders are speculating with size.
Rising CGDI means more leverage, more open interest, more volatility ahead.
Historically, these spikes come before major price moves, either massive rallies or brutal shakeouts.
Buckle up.