$BTC 🔥 Bullish: The decline in open interest in Bitcoin on Binance indicates a potential bullish reversal!
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📉 Decline in leverage after the Federal decision:
The open interest in Bitcoin on Binance continues to decline following the recent Federal Reserve decision. This suggests a deleveraging process in the market.
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💡 Implications of this decline:
* 🔄 Position liquidations: This means the liquidation of high-leverage open positions.
* 📊 Reversal signal: Historically, this is a potential signal for the market to prepare for a bullish reversal.
* 🛡️ Healthy market: This could indicate a healthy "cleansing" of the market from excessive speculation.
❓ Do you think this decline in leverage is indeed paving the way for a new rise in Bitcoin's price?
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