#Bitcoin & Ethereum Open Interest (OI) And Funding Rates Signals Bullish 2024 Start
$BTC $ETH
After $11 billion in annual options delivery on Friday, Bitcoin and Ethereum are expected to close the year below $44,000 and $2400 levels. As BTC and ETH continued to rally this year due to rising open interests (OI), a record rise in funding rates stalled the rally at the end of the year.
BTC price rallied 170% and ETH price leaped 105% this year. Experts anticipate further rally after the funding rates decline.