📊 Bitcoin Derivatives Surge as Market Heats Up 🔥
Despite $BTC strong price action, a clear divergence is emerging:
🔺 Price is rising aggressively,
🔻 But network activity (on-chain demand) remains relatively weak.
This chart shows a sharp increase in Futures & Options Open Interest – moving from:
🟩 Marginal → 🟧 Moderate → 🟥 Aggressive levels.
The current rally is heavily driven by derivatives and leverage, not organic spot demand.
Risk is rising. Volatility could follow.
🧠 Stay data-driven. Understand what fuels the trend beneath the surface.