BULLISH ALERT: Bitcoin Futures Open Interest Surges!
According to Coinglass, $BTC futures open interest has soared to $61 billion as of November 29—an impressive 50% increase in just five weeks.
• Key Insight:
Bitfinex analysts suggest this spike signals bullish sentiment, with traders positioning for future price gains rather than anticipating a correction.
• What’s Next?
With this level of confidence, BTC could aim for new highs.
Keep an eye on resistance levels and maintain risk management in case of short-term volatility.
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