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When assessing the 30-day change in aggregate open interest, we observe that the magnitude of fluctuations has been accelerating. Throughout the 2023 calendar year, changes in open interest remained relatively muted, however, following the introduction of US Spot ETFs in January 2024, these fluctuations began to intensify.
This growing volatility in open interest signals a broader market transition, from one primarily driven by spot activity, to a more derivatives-led structure. Such a shift increases the risk of cascading liquidations and contributes to a more unstable and reflexive market environment.
#ETHBreaks3700 #GENIUSAct
$BTC The overwhelming evidence across higher timeframes points to a continued bullish trajectory for #BTC . The current consolidation is a necessary phase for re-accumulation, priming the market for its next leg up.
* Immediate Assault Target: 120,000 - 121,000 🎯
$BTC is actively attempting to breach this psychological and technical resistance zone, which includes its recent 24-hour high of 120,998.
* All-Time High Reclaim: 123,000 - 124,000 🎯
The critical next objective is to decisively conquer its previous all-time high of 123,218. A sustained break above this level will trigger true price discovery.
* New Horizon Target: 128,000 - 130,000 🎯
Once the ATH is breached and confirmed, these psychological round numbers become the next probable milestones as $BTC charts new territory.
{future}(BTCUSDT)
#CryptoMarket4T
Shorter timeframes, like the 1-hour, show $BTC currently in a tighter range, finding tactical equilibrium around 118,000. The moving averages (MA(7): 117,959 MA(25): 117,927 MA(99): 118,526 are closely intertwined, indicating short-term indecision. The hourly RSI at 51.43 is neutral, setting the stage for a breakout in either direction.
{future}(BTCUSDT)
$BANANA Strong Climb, Eyeing Previous Highs🤝🤝
$BANANA has surged from $22.02 to $25.18, gaining nearly 13% in the last 24 hours. The price action looks bullish with increasing volume, and it's now testing resistance near the previous peak of $25.90.
Trade Setup (Easy Format):
Buy Between: $24.80 – $25.20
Target 1: $26.30
Target 2: $27.80
Final Target: $29.50
Stop Loss: Below $23.80
If BANANA breaks above $25.90 with strong volume, it could head toward new highs. Stay sharp, trail your stop-loss, and book profits on the way up.
{spot}(BANANAUSDT)
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{spot}(WCTUSDT)
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$BTC The daily chart illustrates a healthy period of digestion. After a strong recent pump, $BTC is consolidating around the 118,000 mark. It's currently trading around its MA(7) (118,458), indicating a short-term battle. The daily RSI at 65.64 has cooled off from previous highs, allowing for renewed momentum.
{future}(BTCUSDT)
$SAGA perfect win guy's All targets achieved but still BULLISH 🤝🤝
$SAGA Fresh Breakout, Bulls Take the Lead
$SAGA just fired up from $0.2803 to $0.3356, gaining over 16% in 24 hours. The breakout candle is strong, and momentum is clearly with the bulls. Volume is high, and price is pushing toward local highs again.
Trade Setup (Simple Format):
Buy Between: $0.3300 – $0.3360
Target 1: $0.3550
Target 2: $0.3740
Final Target: $0.3980
Stop Loss: Below $0.3180
If SAGA holds above $0.33, it could quickly push higher. Watch closely and take profits step by step as price moves up.
{spot}(SAGAUSDT)
On the weekly chart, $BTC is consolidating just beneath its all-time high of 123,218, a testament to immense long-term strength. The price is well above all key weekly moving averages, which are firmly fanning out upwards. The weekly RSI, currently at 68.87, shows significant underlying momentum with ample room to continue climbing without being overextended.
{future}(BTCUSDT)