$BTC ๐๐ผ๐๐ฒ๐ฟ ๐๐ง๐ ๐๐ฒ๐๐ฒ๐ฟ๐ฎ๐ด๐ฒ ๐๐ผ๐บ๐ฝ๐ฎ๐ฟ๐ฒ๐ฑ ๐๐ผ ๐๐ฒ๐ฐ๐ฒ๐บ๐ฏ๐ฒ๐ฟ 2024
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BTC is currently showing lower leverage than it did in December 2024. According to the Open Interest to Market Cap ratioโa solid indicator of speculative risk in the derivatives marketโleverage levels are now lower than what we observed at the end of 2024 and the beginning of 2025. This is a positive sign, as it encourages new positions and increases institutional interest.
โ ยฉ Alphractal
