Analyst: Finally a positive signal from the Bitcoin derivatives market!
Open interest has returned to positive territory and increased by approximately 3.7% over the last 7 days.
👉🏼 Open interest has been declining since February 20, making this change quite significant.
Although this alone may not be enough to trigger a strong bullish trend, if this trend continues, we may see a surge of interest that could push the price of $BTC upward.