The current market open interest, which refers to the outstanding contracts, remains at a high level, indicating a bearish market. However, the market is accompanied by rebounds and a lot of tedious movements, making it difficult to short.

The open interest for BTC must return to this low level to prove the market's healthy state. Currently, the large number of high-leverage long positions is causing the market to stagnate.

Therefore, waiting and buying at the white line position is better than making random moves now. #我的COS交易