thaitraderoficial
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💣FAST TURN: #BTC NA ACTIVE! IT MAY NOT SEEM LIKE IT, BUT THE MARKET IS VERY ACTIVE.
Open Interest dropped from 360K BTC to 334K BTC, which is a decrease of 7%. This represents a strong deleveraging, where traders are exiting positions or being forced to exit (many are at a loss on both sides in futures).
Excessive leverage on both sides (long and short). This type of movement "cleans the market", removes excess fragile contracts, and makes the environment healthier for a new movement.
We are close to seeing BTC choose a direction with amplitude. This week promises; we need to keep an eye on the news: FED, tariffs, and our global thermometer S&P500.
$BTC
Open Interest dropped from 360K BTC to 334K BTC, which is a decrease of 7%. This represents a strong deleveraging, where traders are exiting positions or being forced to exit (many are at a loss on both sides in futures).
Excessive leverage on both sides (long and short). This type of movement "cleans the market", removes excess fragile contracts, and makes the environment healthier for a new movement.
We are close to seeing BTC choose a direction with amplitude. This week promises; we need to keep an eye on the news: FED, tariffs, and our global thermometer S&P500.
$BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
107,525.05
-0.00%
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