The market situation remains positive, as we see each time a currency rise by more than 70%. However, the dominance rate is still high. The market is expected to continue the positive trend until Trump's inauguration on January 20, 2025. The market may witness a violent correction at that time…

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“Although the price of Bitcoin has reached $89,000, we have not seen a great response from some projects. On the other hand, we have seen currencies with a large market value rising, and this is very normal and normal movement. Bitcoin will stabilize, and altcoins will see excellent upside one by one

#MicrosoftBitcoinRejection #EthereumRally #SOLFutureRise #AltCoinRush #BTCBreaks89k

89k

After this wave, the abnormals of prospects will come from everywhere driven by greed and greed without experience or professional rehabilitation, their only concern is quick profit... They only come because they have read posts on Facebook saying that the currency market is up....

#BTCBreaks89k #FOMOisReal #cryptomarketcapATH #FOMOalert

So the interpretation of this decline in the market is understandable and simple:

Open interest reached its peak at $23.9 billion, reflecting significant activity in open contracts, and indicates a rise in interest in Bitcoin trading in that period.

As the price fell, open interest fell to $21.8 billion, indicating that some traders are leaving their positions with losses and damages, either to avoid risk further or due to a change in their vision.

And all this is because of the whales, which sold out until they strike open benefits and the fish come out of their positions at a loss, and even more so change their market view and the fluctuation of general feelings to negative, so that they ultimately benefit.