๐จ Crypto Update: BTC Futures Open Interest Drops! ๐
Bitcoin futures open interest fell from $44.8B โ $42.7B, signaling a significant leverage flush in the market.
๐ก Why it matters:
Excess leverage has been cleared โ
Market is now positioned for the next leg higher ๐
Reduced risk of sharp liquidations in short-term trades
๐ Traders, keep an eye on BTC price actionโthis could be the setup for another bullish wave!
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